EUR/USD Outlook (30 December 2019)

Overall, EUR/USD is trending upwards. Recently, EUR/USD trended higher, breaking the resistance level of 1.11500.
Currently, EUR/USD is testing to break the key level of 1.12 upwards. Its next support level is at 1.11500 and the next resistance level is at 1.12800.
As trading volume is low due to festive season, look for short-term buying opportunities of EUR/USD if it breaks the key level of 1.12 upwards.

Analysis will resume on 02 January 2020.
Wishing you a Happy New Year!