Euro / DollaroShort
EUR/USD Outlook (22 November 2021)
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Overall, EUR/USD is trending downwards. Recently, EUR/USD rejected the resistance zone of 1.13900.
The eurozone Consumer Confidence data (Forecast: -5, Previous: -5) will be released later at 2300 (GMT+8).
Currently, EUR/USD is testing to break below the key level of 1.13. Its next support zone is at 1.12000 and the next resistance zone is at 1.13900.
Look for short-term selling opportunities of EUR/USD if it bounces down from the resistance zone of 1.13900.
The eurozone Consumer Confidence data (Forecast: -5, Previous: -5) will be released later at 2300 (GMT+8).
Currently, EUR/USD is testing to break below the key level of 1.13. Its next support zone is at 1.12000 and the next resistance zone is at 1.13900.
Look for short-term selling opportunities of EUR/USD if it bounces down from the resistance zone of 1.13900.
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