EUR/USD Technical Analysis: 1.1500 brick wall can send Fiber to 1.1430 in the New York session

• EUR/USD is trading in a bear trend below the 200-period simple moving average on the 4-hour chart.
• EUR/USD bulls got a strong boost on the back of the US mid-term elections as buyers are challenging the 1.1500 figure. The momentum has switched to bullish with the RSI and MACD indicators in positive territories.  
• However, the Stochastic indicator is in the overbought zone suggesting a potential pullback down in the New York session with 1.1456 and 1.1430 as targets.

EUR/USD 4-hour chart

Main trend:             Bearish

Resistance 1:   1.1500 figure and October 2 swing low  
Resistance 2:   1.1530 August 23 swing low (key level)
Resistance 3:   1.1600 figure

Support 1:   1.1456 November 5 high
Support 2:   1.1430 October 9 low
Support 3:   1.1400 figure
Support 4:   1.1350 figure
Support 5:   1.1300 current 2018 low

Additional key levels at a glance: