EURUSD Daily Analysis – December 19, 2018

EURUSD’s upside movement from 1.1269 extended to as high as 1.1402. Further rise it still possible and next target would be at 1.1420, followed by 1.1500. Near term support is now at 1.1340, a breakdown below this level could bring the price back towards 1.1200.

EURUSD 4-hour chart