EUR/USD Outlook (15 September 2021)

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EUR/USD Outlook (15 September 2021)

ByJin Dao Tai

 SEP 15, 2021

EUR/USD Outlook (15 September 2021)

Overall, EUR/USD is ranging across. Recently, EUR/USD broke above the key level of 1.18 after the release of the disappointing U.S. CPI data, causing USD to weaken.

Currently, EUR/USD is testing to break below the key level of 1.18. Its next support zone is at 1.17600 and the next resistance zone is at 1.19000.

Look for short-term buying opportunities of EUR/USD if it bounces up from the key level of 1.18.

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