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EUR/USD Outlook (07 December 2021)

Short
Euro / U.S. Dollar (FX:EURUSD)  
JinDao_Tai  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Forex macro technical trend EURUSD Contains image
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trendanalysis forex macro technical trend eurusd containsimage
Overall, EUR/USD is trending downwards. Recently, EUR/USD broke below the key level of 1.13.

The eurozone ZEW Economic Sentiment data (Forecast: 22.4, Previous: 25.9) will be released later at 1800 (GMT+8).

EUR/USD’s 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.
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