Overall, EUR/USD is trending downwards. Recently, EUR/USD broke below the key level of 1.16.
The eurozone Unemployment Rate data (Actual:7.5%, Forecast: 7.5%, Previous: 7.6%) released yesterday indicated a slight decline in unemployment in August as expected.
The eurozone CPI flash estimate y/y data will be released later at 1700 (GMT+8).
EUR/USD’s next support zone is at 1.15000 and the next resistance zone is at 1.16300.
Look for short-term selling opportunities of EUR/USD.
The eurozone Unemployment Rate data (Actual:7.5%, Forecast: 7.5%, Previous: 7.6%) released yesterday indicated a slight decline in unemployment in August as expected.
The eurozone CPI flash estimate y/y data will be released later at 1700 (GMT+8).
- CPI Flash Estimate y/y (Forecast: 3.3%, Previous: 3.0%)
- Core CPI Flash Estimate y/y (Forecast: 1.9%, Previous: 1.6%)
EUR/USD’s next support zone is at 1.15000 and the next resistance zone is at 1.16300.
Look for short-term selling opportunities of EUR/USD.
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