ByJin Dao Tai
SEP 14, 2021
Overall, EUR/USD is trending upwards. Recently, EUR/USD broke below the key level of 1.18 and bounced off the support zone of 1.17600.
Currently, EUR/USD is testing to break above the key level of 1.18. Its next support zone is at 1.17600 and the next resistance zone is at 1.19000.
If EUR/USD breaks above the key level of 1.18, look for short-term buying opportunities up until the release of the U.S. CPI data at 2030 (GMT+8).
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