EURUSD’s bounce from 1.0981 extended to as high as 1.1090, facing the resistance level at 1.1097, a breakout of this level could trigger further upside movement towards 1.1150. Near term support is at 1.1040, only break below this level could bring the price back towards 1.0900.
![EURUSD 4-hour chart](https://www.forexcycle.com/wp-content/uploads/2019/20191203_EURUSD_1.png)