EUR/USD Outlook (19 October 2021)

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EUR/USD Outlook (19 October 2021)

ByJin Dao Tai

 OCT 19, 2021

EUR/USD Outlook (19 October 2021)

Overall, EUR/USD is trending downwards. Recently, EUR/USD trended into the resistance zone of 1.16300.

Currently, EUR/USD is testing the resistance zone of 1.16300 and the next support zone is at 1.15000.

Look for short-term selling opportunities of EUR/USD if it rejects the resistance zone of 1.16300.

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