EURUSD Daily Analysis – October 23, 2019

EURUSD is facing 1.1110 support. As long as this level holds, the uptrend from 1.0879 could be expected to continue and next target would be at 1.1250 area. On the downside, a breakdown below 1.1110 support would indicate that lengthier consolidation for the uptrend is needed, then deeper decline towards the bullish trend line on the daily chart could be seen.

EURUSD 4-hour chart