EURUSD Daily Analysis – November 25, 2019

EURUSD broke below 1.1053 support, suggesting that the downtrend from 1.1179 has resumed. Further decline could be expected in a couple of days and next target would be at 1.0989 support. Near term resistance is at 1.1040, only break above this level could bring the price back towards 1.1100.

EURUSD 4-hour chart