EUR/USD Outlook (07 February 2020)

Overall, EUR/USD is trending downwards. Recently, EUR/USD trended lower, breaking the support level of 1.10000.
EUR/USD’s support level is at 1.08720 and the next resistance level is at 1.10000.
As the U.S. Non-Farm Payroll data will be released later at 2130 (SGT), look for selling opportunities of EUR/USD if the data release is positive.