EURUSD Daily Analysis – November 16, 2018

EURUSD extended its upside movement from 1.1215 to as high as 1.1362. Further rise is still possible and next target would be at 1.1400 area. Near term support is at 1.1250, only a breakdown below this level could trigger another downside movement towards 1.1100.

EURUSD 4-hour chart