JinDao_Tai

EUR/USD Outlook (03 January 2022)

Long
FX:EURUSD   Euro / U.S. Dollar
Overall, EUR/USD is ranging across. Recently, EUR/USD trended into the resistance zone of 1.13800.

The eurozone final manufacturing PMI data (Forecast: 58.0, Previous: 58.0) will be released later at 1700 (GMT+8).

Currently, EUR/USD is testing resistance zone of 1.13800 and the next support zone is at 1.12000.
Look for buying opportunities of EUR/USD if it breaks the resistance zone of 1.13800.

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