EURUSD Daily Analysis – October 30, 2019

EURUSD broke below the bullish trend line on the 4-hour chart, suggesting that the uptrend from 1.0879 had completed at 1.1179 already. Further decline would likely be seen in the coming days and next target would be at 1.1000 area. Near term resistance is at 1.1125, a break of this level could bring the price back towards the falling trend line.

EURUSD 4-hour chart