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JinDao_Tai
Sep 20, 2019 5:47 AM

EUR/USD Outlook (20th September 2019) 

Euro Fx/U.S. DollarFXCM

Description

Overall, EUR/USD is ranging across. Recently, EUR/USD has been moving across within a wide range.

A series of PMI data will be released on Monday.
  • French Flash Services PMI at 1515 (SGT) (Forecast: 53.1, Previous: 53.4 revised from 53.3)
  • French Flash Manufacturing PMI at 1515 (SGT) (Forecast: 50.9, Previous: 51.1 revised from 51.0)
  • German Flash Services PMI at 1530 (SGT) (Forecast: 54.3, Previous: 54.8 revised from 54.4)
  • German Flash Manufacturing PMI at 1530 (SGT) (Forecast: 44.6, Previous: 43.5 revised from 43.6)
  • Eurozone Flash Services PMI at 1600 (SGT) (Forecast: 53.1, Previous: 53.5 revised from 53.4)
  • Eurozone Flash Manufacturing PMI at 1600 (SGT) (Forecast: 47.6, Previous: 47.0)


EUR/USD’s next support level is at 1.09500 and the next resistance level is at 1.10750.
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