EUR/USD Outlook (16 June 2021)

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EUR/USD Outlook (16 June 2021)

ByJin Dao Tai

 JUN 16, 2021

EUR/USD Outlook (16 June 2021)

Overall, EUR/USD is ranging across. Recently, EUR/USD bounced off the resistance zone of 1.21500.

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

Look for short-term selling opportunities of EUR/USD up until the U.S. FOMC meeting tomorrow at 0200 (GMT+8).

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