EUR/USD Technical Analysis: Euro under bearish pressure below 1.1430 following better than expected NFP data

• EUR/USD is trading in a bear trend below the 200-period simple moving average on the 4-hour chart.  
• EUR/USD bullish enthusiasm got tamed by the better than anticipated Nonfarm Payrolls numbers for October which came in at 250K vs. 190K forecast.  
• EUR/USD is set to remain under bearish pressure for the remainder of the London session as bears will try to reach 1.1390-1.1400 zone.  

EUR/USD 4-hour chart

Main trend:             Bearish

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

Support 1:   1.1400 figure
Support 2:   1.1350 figure
Support 3:   1.1300 current 2018 low
Support 4:   1.1200 figure  

Additional key levels at a glance: