EURUSD Daily Analysis – October 11, 2019

EURUSD broke above 1.1000 resistance and extended its upside movement from 1.0879 to as high as 1.1033. Further rise is still possible in the coming days and next target would be at 1.1080 area. Near term support is at 1.0990, below this level could bring the price back to 1.0950 zone.

EURUSD 4-hour chart