EUR/USD: Daily update, more weakness ahead?

Part 1/2

Flows: As of May 22, bearish for EUR (2/10), bullish for USD (8/10)

Economic Surprise Index: Neutral (slightly more bullish for USD)

Technicals: The pair retraced at the 1.10 resistance near the 200-day MA, with the 1-hour chart showing a pullback to a short-term resistance level.

Resistance levels: 1.0920, 1.1000
Support levels: 1.0800, 1.0780

Risk Sentiment and Narrative: USD bullish (US-China trade tensions).

Interest Rates and Correlations: Next post (Part 2/2)