FX.co ★ Evening review for EURUSD for 01/17/2020. The pressure on the euro intensified

Investor sentiment is getting worse and the global economy is getting more negative. The growth rate in China has fallen to +6.1% and the negative is coming. Investment, sales, and the auto market are all slowing down.

In Britain, new retail sales data is weak and the Bank of England is likely to cut the rate.

Against this background, the US-Europe trade contradictions are intensifying.

EURUSD: The euro is falling towards the support of 1.1100.

In the case of a break below 1.1085, we sell.

Purchases from 1.1180.