EURUSD Daily Analysis – November 23, 2018

EURUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.1215. As long as the trend line support holds, the upside movement could be expected to continue and next target would be at 1.1500 area. Key support is at 1.1358, a breakdown below this level would indicate that the upside movement is complete, then deeper decline to 1.1280 area could be seen.

EURUSD 4-hour chart