EUR/USD Outlook (21st May 2019)

• Muted EUR/USD price movement
  

Price Movement
Since yesterday, EUR/USD moved up by around 25pips before moving back down by around 15pips.

Trend
Recently, EUR/USD is trending downwards.

Important Issue
None.

Technical
EUR/USD is moving between the resistance level of 1.12300 and support level of 1.10124.

Price Levels
Current Price: 1.11603
Next Resistance: 1.12300
Next Support: 1.10124