ByJin Dao Tai
AUG 25, 2021
Overall, EUR/USD is trending downwards.
The German ifo Business Climate data (Forecast: 100.2, Previous: 100.8) will be released later at 1600 (GMT+8).
Currently, EUR/USD is testing the resistance zone of 1.17600 and the next support zone is at 1.16300.
Look for short-term selling opportunities of EUR/USD if it bounces off the resistance zone of 1.17600.
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