EUR/USD Outlook (11 December 2019)
2019-12-11 13:52:00
Overall, EUR/USD is ranging across. Recently, EUR/USD trended higher.
The German ZEW Economic Sentiment data (Actual: 10.7, Forecast: 1.1, Previous: -2.1) released was better than forecasted.
EUR/USD’s next support level is at 1.10100 and the next resistance level is at 1.11500.
As the U.S. FOMC will be taking place tomorrow at 0300 (SGT), stay out of EUR/USD for now.