EURUSD Daily Analysis – December 17, 2018

EURUSD broke below the bottom support trend line of the triangle pattern on the 4-hour chart. Further decline could be expected in the coming days and next target would be at 1.1200 area. Near term resistance is at 1.1350, only a break of this level could trigger another rise towards 1.1420.

EURUSD 4-hour chart