EUR/USD Outlook (14 November 2019)

Overall, EUR/USD is ranging across. Recently, EUR/USD is trending downwards.
The eurozone employment and GDP data will be released at 1800 (SGT).

Flash Employment Change q/q (Forecast: 0.2%, Previous: 0.2%)
Flash GDP q/q (Forecast: 0.2%, Previous: 0.2%)

If the released data is better than (or worse than) forecasted, euro may strengthen (or weaken) respectively.
Currently, EUR/USD is testing the key level of 1.10. EUR/USD’s next support level is at 1.09000 and the next resistance level is at 1.11500.
Look for selling opportunities of the EUR/USD once it breaks the key level of 1.10.