Overall, EUR/USD is trending upwards. Recently, EUR/USD broke above the key level of 1.21.
The eurozone unemployment rate data (Actual: 8.4%, Forecast: 8.4%, Previous: 8.5% revised from 8.3%) released yesterday indicated a slight decline in unemployment.
The eurozone Retail Sales m/m data (Forecast: 0.7%, Previous: -2.0%) will be released later at 1800 (SGT).
EUR/USD’s next support zone is at 1.19800 and the next resistance zone is at 1.21800. Look for buying opportunities of EUR/USD.