- U.S.-China Trade War intensifies
- EUR/USD broke resistance level
Price Movement
Since yesterday, EUR/USD moved up by around 80pips.
Trend
EUR/USD is trending upwards.
Important Issue
This morning at around 0033 (SGT), Trump mentioned in an interview that “We're not talking about removing tariffs, we're talking about leaving them for a substantial period of time, because we have to make sure that if we do the deal with China that China lives by the deal”.
Technical
This morning, EUR/USD broke the resistance level of 1.14000.
Price Levels
Current Price: 1.14284
Next Resistance: 1.15500
Next Support: 1.14000