Overall, EUR/USD is trending downwards.
The eurozone Unemployment Rate data (Actual: 7.3%, Forecast: 7.3%, Previous: 7.4%) released yesterday indicated a slight decline in unemployment during the month of October.
European Central Bank President Lagarde will be speaking later 1630 (GMT+8).
During this time, there may be volatility in EUR.
The eurozone Retail Sales m/m data (Forecast: 0.3%, Previous: -0.3%) will be released later at 1800 (GMT+8).
Currently, EUR/USD is testing to break below the key level of 1.13. Its 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 if it breaks below the key level of 1.13.
The eurozone Unemployment Rate data (Actual: 7.3%, Forecast: 7.3%, Previous: 7.4%) released yesterday indicated a slight decline in unemployment during the month of October.
European Central Bank President Lagarde will be speaking later 1630 (GMT+8).
During this time, there may be volatility in EUR.
The eurozone Retail Sales m/m data (Forecast: 0.3%, Previous: -0.3%) will be released later at 1800 (GMT+8).
Currently, EUR/USD is testing to break below the key level of 1.13. Its 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 if it breaks below the key level of 1.13.