JinDao_Tai

EUR/USD Outlook (19th February 2019)

FX:EURUSD   Euro / U.S. Dollar
  • EUR/USD rejected EUR/USD

Price Movement
Since yesterday, EUR/USD has been moving within a 40pips range.

Trend
EUR/USD is moving on a downtrend.

Macro Background
No major economic data release.

Important Issue
None.

Technical
Yesterday, EUR/USD tested and rejected the 1.13256 resistance level.

Price Levels
Current Price: 1.13011
Next Resistance: 1.13256
Next Support: 1.12294

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