JinDao_Tai

EUR/USD Outlook (19 August 2021)

Short
FX:EURUSD   Euro / U.S. Dollar
Overall, EUR/USD is ranging across. Recently, EUR/USD weakened after the release of the hawkish Federal Reserve meeting minutes.

Currently, EUR/USD is testing to break below the key level of 1.17. Its next support zone is at 1.16300 and the next resistance zone is at 1.17600.
Look for short-term selling opportunities of EUR/USD if it breaks below the key level of 1.17.

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