EUR/USD Outlook (5 November 2019)
2019-11-05 15:11:52
Overall, EUR/USD has been trending upwards. Recently, EUR/USD has been ranging across.
The Eurozone final manufacturing PMI data released was better than forecasted. The euro strengthened slightly as a result.
Final Manufacturing PMI (Actual: 45.9, Forecast: 45.7, Previous 45.7)
Currently, EUR/USD is testing the resistance level of 1.11500. Its next support level is at 1.09000.