EUR/USD Technical Analysis: Euro reverses up from 2018 low as bulls reach the 1.1400 figure

• EUR/USD is in a bear trend below the 200-period simple moving average on the 4-hour chart.
• EUR/USD found support at the 1.1300 level (2018 low) and had a reversal up to 1.1400 figure and the 50 SMA. Technical indicators are in positive territories suggesting continued bullish action in the coming sessions.  
• Targets to the upside can be located near 1.1430 (October 9 low), 1.1463 (October 4 low) and 1.1500 figure and October 2 swing low.

EUR/USD 4-hour chart

Main trend:             Bearish

Resistance 1:   1.1400 figure
Resistance 2:   1.1430 October 9 low
Resistance 3:   1.1463 October 4 low
Resistance 4:   1.1500 figure and October 2 swing low  
Resistance 5:   1.1530 August 23 swing low (key level)

Support 1:   1.1350 figure
Support 2:   1.1300 current 2018 low
Support 3:   1.1200 figure  

Additional key levels at a glance: