EURUSD Daily Analysis – November 20, 2019

EURUSD remains in the uptrend from 1.0989, the pullback from 1.1090 is likely consolidation for the uptrend. As long as 1.1053 support holds, the uptrend could be expected to continue and next target would be at 1.1150 area. On the downside, a breakdown below 1.1053 support would indicate that the upside movement had completed at 1.1090 already, then further decline towards 1.0989 support could be seen.

EURUSD 4-hour chart