EUR/USD Outlook (30 November 2020)

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#EUR/USD# EUR/USD Outlook (30 November 2020)

Overall, EUR/USD is ranging across. Recently, EUR/USD trended into the resistance zone of 1.19800.

The French preliminary CPI data released last Friday indicated an increase in inflation in November while the quarterly GDP data released indicated a slight expansion in the economy during quarter three.

  • French Preliminary CPI m/m (Actual: 0.2%, Forecast: 0.0%, Previous: 0.0% revised from -0.1%)
  • French Preliminary GDP q/q (Actual: 18.7%, Forecast: 18.2%, Previous: 18.2%)
CPI

Central BankSGT volatility



EUR/USD resistance zonesupport zone
EUR/USD resistance zone

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