EUR/USD Outlook (18 December 2019)

Overall, EUR/USD is trending upwards. Recently, EUR/USD has been ranging across within 50pips.
The eurozone final CPI y/y data will be released later at 1800 (SGT).

Final CPI y/y (Forecast: 1.0%, Previous: 1.0%)
Final Core CPI y/y (Forecast: 1.3%, Previous: 1.3%)

If the released data is as forecasted, it is unlikely that the market will react much to the data.
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.