JinDao_Tai

EUR/USD Outlook (4 April 2022)

Long
FX:EURUSD   Euro / U.S. Dollar
Major direction of the EUR/USD is in a down trend. However recently the EUR/USD has corrected higher, towards 1.11730.

Currently, EUR/USD is testing support of 1.1050 Its next support zone is at 1.10 and the next resistance zone is at 1.12000.

Look for short-term buying opportunities of EUR/USD if it bounces up from the key level of 1.1150.

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