EURUSD Daily Analysis – November 6, 2019

EURUSD broke below 1.1073 support, suggesting that the upside movement from 1.0879 had completed at 1.1179 already. Further decline could be expected in the coming days and next target would be at 1.1000 area. Resistance levels are at 1.1090 and 1.1125, as long as these levels hold, the downtrend will continue.

EURUSD 4-hour chart