EUR/USD Outlook (11th January 2019)

• EUR/USD testing support level
  

Price Movement
Since last Friday, EUR/USD has been moving within a 40pips range.

Trend
EUR/USD is currently trending downwards.

Macro Background
No major economic data release.

Important Issue
None.

Technical
EUR/USD is currently testing the support level of 1.13256

Price Levels
Current Price: 1.13238
Next Resistance: 1.14138
Next Support: 1.13256