EURUSD Daily Analysis – November 20, 2018

EURUSD’s upside movement from 1.1215 extended to as high as 1.1464. As long as the price is above the bullish 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 breakdown below the trend line support could signal completion of the uptrend.

EURUSD 4-hour chart