EURUSD Daily Analysis – November 15, 2018

EURUSD’s bounce from 1.1215 extended to as high as 1.1347. Further rally is still possible and next target would be at 1.1400 – 1.1450 area. Support is at 1.1250, a breakdown below this level could trigger another downside movement towards 1.1100.

EURUSD 4-hour chart