Overall, EUR/USD is trending upwards. Recently, EUR/USD bounced off the resistance zone of 1.21800.
The eurozone Retail Sales m/m data (Actual: 1.5%, Forecast: 0.7%, Previous: -1.7% revised from -2.0%) released yesterday indicated a strong rebound in consumer spending.
EUR/USD’s next support zone is at 1.19800 and the next resistance zone is at 1.21800.
Look for short-term selling opportunities of EUR/USD.
The eurozone Retail Sales m/m data (Actual: 1.5%, Forecast: 0.7%, Previous: -1.7% revised from -2.0%) released yesterday indicated a strong rebound in consumer spending.
EUR/USD’s next support zone is at 1.19800 and the next resistance zone is at 1.21800.
Look for short-term selling opportunities of EUR/USD.
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