JinDao_Tai

EUR/USD Outlook (08 September 2021)

Short
FX:EURUSD   Euro / U.S. Dollar
Overall, EUR/USD is trending upwards.

The eurozone and German ZEW Economic Sentiment data released yesterday indicated an overall decline in the level of optimism from the surveyed institutional investors and analysts.
  • Eurozone ZEW Economic Sentiment (Actual: 31.1, Forecast: 35.3, Previous: 42.7)
  • German ZEW Economic Sentiment (Actual: 26.5, Forecast: 30.2, Previous: 40.4)

EUR/USD’s next support zone is at 1.17600 and the next resistance zone is at 1.19000.
Look for short-term selling opportunities of EUR/USD.

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