ByJin Dao Tai
AUG 27, 2021
Overall, EUR/USD is trending downwards.
Day 1 of the Jackson Hole Symposium will be held today. During this time, expect volatility in EUR/USD.
Currently, EUR/USD is testing the resistance zone of 1.17600 and the next support zone is at 1.16300.
If EUR/USD rejects the resistance zone of 1.17600, look for short-term selling opportunities up until the Federal Reserve Chairman Powell’s speech at 2200 (GMT+8).
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