JinDao_Tai

EUR/USD Outlook (10 January 2020)

FX:EURUSD   Euro / U.S. Dollar
Overall, EUR/USD is moving across. Recently, EUR/USD has been ranging within a 30pips range.
The eurozone unemployment rate data (Actual: 7.5%, Forecast: 7.5%, Previous: 7.5%) released yesterday was as forecasted.
Currently, EUR/USD is testing the key level of 1.11. Its next support level is at 1.10800 and the next resistance level is at 1.12200.
As the U.S. Non-Farm Payroll data will be released later at 2130 (SGT), stay out of EUR/USD for now.

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