Overall, EUR/USD is trending downwards. Recently, EUR/USD broke below the key level of 1.19.
European Central Bank President Lagarde will be speaking later at 2030 (GMT+8).
Also, she will be testifying before the European Parliament Economic and Monetary Affairs Committee at 2215 (GMT+8). During these times, there may be volatility in EUR.
EUR/USD’s next support zone is at 1.17900 and the next resistance zone is at 1.19700.
Look for selling opportunities of EUR/USD.
European Central Bank President Lagarde will be speaking later at 2030 (GMT+8).
Also, she will be testifying before the European Parliament Economic and Monetary Affairs Committee at 2215 (GMT+8). During these times, there may be volatility in EUR.
EUR/USD’s next support zone is at 1.17900 and the next resistance zone is at 1.19700.
Look for selling opportunities of EUR/USD.