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EUR/USD Outlook (21st May 2019)

Euro / U.S. Dollar (FX:EURUSD)  
JinDao_Tai  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Forex macro technical trend EURUSD
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trendanalysis forex macro technical trend eurusd
  • Muted EUR/USD price movement

Price Movement
Since yesterday, EUR/USD moved up by around 25pips before moving back down by around 15pips.

Trend
Recently, EUR/USD is trending downwards.

Important Issue
None.

Technical
EUR/USD is moving between the resistance level of 1.12300 and support level of 1.10124.

Price Levels
Current Price: 1.11603
Next Resistance: 1.12300
Next Support: 1.10124
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