EUR/USD Outlook (20 April 2020)

Overall, EUR/USD is ranging across. Recently, EUR/USD bounced off the support level of 1.08000.
The eurozone Final CPI y/y data released last Friday was as forecasted.

• Final CPI y/y (Actual: 0.7%, Forecast: 0.7%, Previous: 0.7%)
  
• Final Core CPI y/y (Actual: 1.0%, Forecast: 1.0%, Previous: 1.0%)
  

EUR/USD’s next support level is at 1.08000 and the next resistance level is at 1.10000.