JinDao_Tai

EUR/USD Outlook (19th August 2019)

FX:EURUSD   Euro / U.S. Dollar
Overall, EUR/USD is trending downwards. The recent downtrend of EUR/USD was largely caused by the comment made by ECB’s Olli Rehn.

EUR/USD is currently testing to break the key level of 1.11 upwards. It’s next support level is at 1.10400 and the next resistance level is at 1.12750.

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