Overall, EUR/USD is trending upwards. Recently, EUR/USD bounced down from the key level of 1.23.
Last week, the U.S. Trade Representative announced that new tariffs will be imposed on aircraft manufacturing parts, certain non-sparkling wine, cognac and other grape brandies from France and Germany.
Currently, EUR/USD is bouncing off the support zone of 1.21800 and the next resistance zone is at 1.24800.
Look for short-term buying opportunities of EUR/USD.
Last week, the U.S. Trade Representative announced that new tariffs will be imposed on aircraft manufacturing parts, certain non-sparkling wine, cognac and other grape brandies from France and Germany.
Currently, EUR/USD is bouncing off the support zone of 1.21800 and the next resistance zone is at 1.24800.
Look for short-term buying opportunities of EUR/USD.