EURUSD Daily Analysis – December 3, 2018

EURUSD broke below 1.1340 support, suggesting that the rise from 1.1267 had completed at 1.1401 already. The pair is now in downtrend, further decline could be expected and next target would be at 1.1250 area. Resistance is at 1.1401, only a break of this level could trigger another upside movement towards 1.1500.

EURUSD 4-hour chart