Overall, EUR/USD is ranging across. Recently, EUR/USD bounced down from the key level of 1.16 and traded into the support zone of 1.15000 after the release of the strong U.S. CPI data.
The EU economic forecasts will be released later at 1800 (GMT+8).
Currently, EUR/USD is testing the support zone of 1.15000 and the next resistance zone is at 1.16300.
Look for selling opportunities of EUR/USD if it breaks the support zone of 1.15000.
The EU economic forecasts will be released later at 1800 (GMT+8).
Currently, EUR/USD is testing the support zone of 1.15000 and the next resistance zone is at 1.16300.
Look for selling opportunities of EUR/USD if it breaks the support zone of 1.15000.
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