EUR/USD Outlook (14 May 2021)

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EUR/USD Outlook (14 May 2021)

ByJin Dao Tai

 MAY 14, 2021

EUR/USD Outlook (14 May 2021)

Overall, EUR/USD is trending upwards. Recently, EUR/USD bounced down from the key level of 1.21.

The European Central Bank (ECB) will be releasing the minutes for the previous monetary policy meeting later at 1930 (SGT).

EUR/USD’s next support zone is at 1.19700 and the next resistance zone is at 1.21500.

Look for selling opportunities of EUR/USD.

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