EURUSD Daily Analysis – November 22, 2019

EURUSD’s upside movement from 1.0989 extended to as high as 1.1097. As long as 1.1053 support holds, the upside movement could be expected to continue and next target would be at 1.1150 area. Only a breakdown below 1.1053 support would indicate that the upside move had completed at 1.1097 already, then the pair would find next support at around 1.1020.

EURUSD 4-hour chart