Jin_LCMSTraders

EUR/USD Outlook (21st March 2019)

FX:EURUSD   Euro / U.S. Dollar

Price Movement
Since yesterday, EUR/USD moved up by around 80pips.

Trend
EUR/USD is trending upwards.

Important Issue
This morning at around 0033 (SGT), Trump mentioned in an interview that “We're not talking about removing tariffs, we're talking about leaving them for a substantial period of time, because we have to make sure that if we do the deal with China that China lives by the deal”.

Technical
This morning, EUR/USD broke the resistance level of 1.14000.

Price Levels
Current Price: 1.14284
Next Resistance: 1.15500
Next Support: 1.14000

Comments

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