EUR/USD Outlook (12 February 2020)

2020-02-12 11:54:29

Overall, EUR/USD is trending downwards. Recently, EUR/USD has been moving across within 35pips.
Currently, EUR/USD is moving towards the key level of 1.09. Its next support level is at 1.08720 and the next resistance level is at 1.10000.
Look for short-term selling opportunities of EUR/USD if it breaks below the key level of 1.09.