EUR/USD Outlook (20 February 2020)
2020-02-20 11:59:40
Overall, EUR/USD is trending downwards. Recently, EUR/USD’s downtrend stagnated and has been moving around the key level of 1.08.
The European Central Bank (ECB) will be releasing the monetary policy accounts for the previous meeting later at 2030 (SGT).
EUR/USD’s next support level is at 1.06000 and the next resistance level is at 1.08720.
Stay out of EUR/USD for now.