JinDao_Tai

EUR/USD Outlook (22 December 2021)

Short
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 Consumer Confidence data (Actual: -8, Forecast: -8, Previous: -7) released yesterday indicated a slight increase in the level of pessimism from the surveyed consumers on the future economic conditions of the eurozone countries.

EUR/USD’s next support zone is at 1.12000 and the next resistance zone is at 1.13900.
Look for short-term selling opportunities of EUR/USD.

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