EUR/USD Outlook (12 November 2021)
ByJin Dao Tai
NOV 12, 2021
Overall, EUR/USD is ranging across. Recently, EUR/USD broke the support zone of 1.15000.
In the released eurozone economic forecasts, the EU commission revised its 2021 growth forecast for the eurozone from the previous 4.3% to 5.0%.
EUR/USD’s next support zone is at 1.13900 and the next resistance zone is at 1.15000.
Look for short-term selling opportunities of EUR/USD.
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