Overall, EUR/USD is trending downwards. Recently, EUR/USD failed to break the resistance zone of 1.18200 due to a global concern in a rebound in COVID cases.
Currently, EUR/USD is moving towards the resistance zone of 1.18200 and the next support zone is at 1.16300.
Look for short-term selling opportunities of EUR/USD if it bounces off the resistance zone of 1.18200.
Currently, EUR/USD is moving towards the resistance zone of 1.18200 and the next support zone is at 1.16300.
Look for short-term selling opportunities of EUR/USD if it bounces off the resistance zone of 1.18200.