Overall, EUR/USD is trending downwards. Recently, EUR/USD weakened and broke the support zone of 1.16300.
The eurozone Unemployment Rate data (Forecast: 7.5%, Previous: 7.6%) will be released later at 1700 (GMT+8).
Currently, EUR/USD is testing to break below the key level of 1.16. Its next support zone is at 1.15000 and the next resistance zone is at 1.16300.
Look for short-term selling opportunities of EUR/USD if it breaks below the key level of 1.16.
The eurozone Unemployment Rate data (Forecast: 7.5%, Previous: 7.6%) will be released later at 1700 (GMT+8).
Currently, EUR/USD is testing to break below the key level of 1.16. Its next support zone is at 1.15000 and the next resistance zone is at 1.16300.
Look for short-term selling opportunities of EUR/USD if it breaks below the key level of 1.16.
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