Overall, EUR/USD is trending downwards. Recently, EUR/USD trended into the support zone of 1.20750.
The eurozone Preliminary Flash GDP q/q data (Forecast: -1.4%, Previous: 12.5% revised from 12.7%) will be released later at 1800 (SGT).
Currently, EUR/USD is testing the support zone of 1.20750 and the next resistance zone is at 1.23170.
Look for selling opportunities of EUR/USD if it breaks the support zone of 1.20750.
The eurozone Preliminary Flash GDP q/q data (Forecast: -1.4%, Previous: 12.5% revised from 12.7%) will be released later at 1800 (SGT).
Currently, EUR/USD is testing the support zone of 1.20750 and the next resistance zone is at 1.23170.
Look for selling opportunities of EUR/USD if it breaks the support zone of 1.20750.