JinDao_Tai

EUR/USD Outlook (21 June 2021)

Short
FX:EURUSD   Euro / U.S. Dollar
Overall, EUR/USD is trending downwards. Recently, EUR/USD broke below the key level of 1.19.

European Central Bank President Lagarde will be speaking later at 2030 (GMT+8).
Also, she will be testifying before the European Parliament Economic and Monetary Affairs Committee at 2215 (GMT+8). During these times, there may be volatility in EUR.

EUR/USD’s next support zone is at 1.17900 and the next resistance zone is at 1.19700.
Look for selling opportunities of EUR/USD.

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