EUR/USD Outlook (2nd August 2019)

• EUR/USD testing key level
  

Price Movement
Since yesterday, EUR/USD moved down by around 20pips before moving back up by around 75pips.

Trend
Overall, EUR/USD is trending downwards.

Important Issue
None.

Technical
EUR/USD is testing the 1.11 key level.

Price Levels
Current Price: 1.10997
Next Resistance: 1.11250
Next Support: 1.10000