EURUSD Daily Analysis – November 8, 2019

EURUSD extended its downside movement from 1.1175 to as low as 1.1036. Further decline could be expected after a minor consolidation and next target would be at 1.0950 area. Resistance is at 1.1092, only break above this level could trigger another rise towards 1.1200.

EURUSD 4-hour chart