ByJin Dao Tai
MAY 17, 2021
Overall, EUR/USD is trending upwards. Recently, EUR/USD trended into the resistance zone of 1.21500 after the release of the poor U.S. retail sales data.
Currently, EUR/USD is testing the resistance zone of 1.21500 and the next support zone is at 1.19700.
Look for buying opportunities of EUR/USD if it breaks above the resistance zone of 1.21500.
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