EUR/USD Outlook (10 December 2019)
2019-12-10 12:59:11
Overall, EUR/USD is ranging across. Recently, EUR/USD‘s downtrend has stagnated.
The German ZEW Economic Sentiment data (Forecast: 1.1, Previous: -2.1) will be released later at 1800 (SGT).
If the released data is better than forecasted, euro may strengthen.
EUR/USD’s next support level is at 1.10100 and the next resistance level is at 1.11500.
Stay out of EUR/USD for now.