EURUSD Daily Analysis – November 7, 2018

EURUSD extended its upside movement from 1.1302 to as high as 1.1472. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next target would be at 1.1500 area. Only a clear break below the trend line support could signal completion of the uptrend.

EURUSD 4-hour chart