JinDao_Tai

EUR/USD Outlook (03 July 2020)

FX:EURUSD   Euro / U.S. Dollar
Overall, EUR/USD is ranging across. Recently, EUR/USD bounced down from the key level of 1.13.

The eurozone Final Services PMI data (Forecast: 47.3, Previous: 47.3) will be released later at 1600 (SGT).

European Central Bank President Lagarde will be speaking tomorrow at an online conference about alternative growth models at 1840 (SGT).

EUR/USD’s next support zone is at 1.11900 and the next resistance zone is at 1.13700.
With the positive U.S. jobs report, look for short-term selling opportunities of EUR/USD.

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