EUR/USD Technical Analysis: Euro is less than 50 pips away from the 2018 low

• EUR/USD is trading in a bear trend below the 200-period simple moving average.
• EUR/USD is currently trading below the 1.1350 resistance after the FOMC statement released on Thursday sent the pair about 100 pips down. Bears are now less than 50 pips away from the 2018 low at 1.1300. The main trend is on their side and so are the RSI, MACD indicators. The Stochastic is already in the oversold zone.  
• On the flip side, bulls will try to prevent the fall to the 2018 low to happen by defending the current November 9 low at the 1.1335 level.  

EUR/USD 4-hour chart

Main trend:             Bearish

Resistance 1:   1.1350 figure
Resistance 2:   1.1400 figure
Resistance 3:   1.1430 October 9 low
Resistance 4:   1.1470 Asian high (Nov.7)  
Resistance 5:   1.1500 figure and October 2 swing low  

Support 1:   1.1335 current November 9 low
Support 2:   1.1300 current 2018 low
Support 3:   1.1200 figure

Additional key levels at a glance: