JinDao_Tai

EUR/USD Outlook (02 September 2021)

Long
FX:EURUSD   Euro / U.S. Dollar
Overall, EUR/USD is ranging across. Recently, EUR/USD bounced up from the key level of 1.18.

The eurozone Unemployment Rate data (Actual: 7.6%, Forecast: 7.6%, Previous: 7.8% revised from 7.7%) released yesterday indicated decline in unemployment in July.

EUR/USD’s next support zone is at 1.17600 and the next resistance zone of 1.19000.
Look for short-term buying opportunities of EUR/USD.

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