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EUR/USD Outlook (07 August 2020)

Euro / U.S. Dollar (FX:EURUSD)  
JinDao_Tai  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Forex macro technical trend EURUSD
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trendanalysis forex macro technical trend eurusd
Overall, EUR/USD is trending upwards. Recently, EUR/USD has been ranging across.

Currently, EUR/USD is bouncing off the resistance zone of 1.19000 and the next support zone is at 1.17200.
If EUR/USD bounces off the resistance zone of 1.19000, look for short-term selling opportunities up until the release of the U.S. jobs report at 2030 (SGT).
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