EUR/USD Outlook (17 December 2019)

Overall, EUR/USD is trending upwards. Recently, EUR/USD trended higher towards the resistance level of 1.11500.
The eurozone PMI data released yesterday were mixed.

Flash Manufacturing PMI (Actual: 45.9, Forecast: 47.3, Previous: 46.9 revised from 46.6)
Flash Services PMI (Actual: 52.4, Forecast: 52.0, Previous: 51.9 revised from 51.5)

Currently, EUR/USD is testing the resistance level of 1.11500 and the next support level is at 1.10100.
Stay out of EUR/USD for now.