EURUSD revisited the 1.1890 high that was tested twice this week and is now pulling back down. We need to remember that from 1.19 area last week price made a sharp reversal lower towards 1.1750 and another reversal in October towards 1.16. So the 1.19 level is very important resistance confirmed several times.
Short-term support as we explained in previous posts is at 1.18. A break below 1.18 would be a sign of weakness. Until then, bulls remain in control of the trend.