JinDao_Tai

EUR/USD Outlook (22nd January 2019)

FX:EURUSD   Euro / U.S. Dollar
  • Brexit uncertainty

Price Movement
Since yesterday, EUR/USD has been moving downwards .

Trend
EUR/USD is ranging.

Macro Background
None.

Important Issue
Last night, British Prime Minister Teresa May’s announcement of her Brexit Plan B led to the disappointment of many as her Plan B is very similar to the initial Plan A.

Technical
Price is currently between the resistance level of 1.14138 and support level of 1.13256.

Price Levels
Current Price: 1.13611
Next Support: 1.13256
Next Resistance: 1.14138

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