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EUR/USD Outlook (19 October 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 trended into the resistance zone of 1.16300.

Currently, EUR/USD is testing the resistance zone of 1.16300 and the next support zone is at 1.15000.
Look for short-term selling opportunities of EUR/USD if it rejects the resistance zone of 1.16300.
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