EUR/USD Outlook (16 January 2020)

2020-01-16 12:20:25

Overall, EUR/USD is moving across. Recently, EUR/USD trended higher.
The European Central Bank (ECB) will be releasing the monetary policy meeting minutes for the December meeting later at 2030 (SGT).
Also, the ECB President Christine Lagarde will be speaking tomorrow at 0200 (SGT).
EUR/USD’s next support level is at 1.10800 and the next resistance level is at 1.12200.
Look for short-term buying opportunities of EUR/USD before the release of the meeting minutes.