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EUR/USD Outlook (20 April 2020)

Euro / U.S. Dollar (FX:EURUSD)  
JinDao_Tai  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Forex macro technical trend EURUSD
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trendanalysis forex macro technical trend eurusd
Overall, EUR/USD is ranging across. Recently, EUR/USD bounced off the support level of 1.08000.
The eurozone Final CPI y/y data released last Friday was as forecasted.
  • Final CPI y/y (Actual: 0.7%, Forecast: 0.7%, Previous: 0.7%)
  • Final Core CPI y/y (Actual: 1.0%, Forecast: 1.0%, Previous: 1.0%)
EUR/USD’s next support level is at 1.08000 and the next resistance level is at 1.10000.
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