EURUSD Daily Analysis – December 11, 2019

EURUSD’s bounce from 1.1039 extended to as high as 1.1097. Further rise to test 1.1116 resistance is possible, a break of this level could take the price to 1.1160 area. Support is at 1.1039, below this level could trigger another fall towards 1.1000.

EURUSD 4-hour chart