EURUSD Daily Analysis – November 19, 2018

EURUSD continued its upside movement from 1.1215 and the rise extended to as high as 1.1421. Further rise is still possible and next target would be at 1.1500 area. Near term support is at the rising trend line on the 4-hour chart, only a clear break below the trend line support could trigger another fall towards 1.1200.

EURUSD 4-hour chart