EURUSD Daily Analysis – December 20, 2019

EURUSD is facing 1.1103 support, a breakdown below this level would confirm that the upside movement from 1.0981 had completed at 1.1199 already, then another fall towards 1.1000 could be seen. Near term resistance is at 1.1150, a breakout of this level could trigger another rise towards 1.1200.

EURUSD 4-hour chart