ByJin Dao Tai
SEP 7, 2021
Overall, EUR/USD is trending upwards. Recently, EUR/USD bounced off the resistance zone of 1.19000.
The eurozone and German ZEW Economic Sentiment data will be released later at 1700 (GMT+8).
- Eurozone ZEW Economic Sentiment (Forecast: 35.3, Previous: 42.7)
- German ZEW Economic Sentiment (Forecast: 30.2, Previous: 40.4)
Currently, EUR/USD is moving towards the resistance zone of 1.19000 and the next support zone is at 1.17600.
Look for buying opportunities of EUR/USD if it breaks the resistance zone of 1.19000.
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