EUR/USD Outlook (7th February 2019)

• EUR/USD broke key levels
  

Price Movement
Since 1st February, EUR/USD had moved downwards for around 100pips.

Trend
EUR/USD is currently trending downwards.

Macro Background
No major economic data release.

Important Issue
None.

Technical
Recently, EUR/USD broke the support level of 1.14138 and the key level of 1.14000.
It is currently heading towards the 1.13256 support level.

Price Levels
Current Price: 1.13338
Next Resistance: 1.14138
Next Support: 1.13256