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Overall, EUR/USD is trending upwards. Recently, EUR/USD broke the resistance zone of 1.19000. The eurozone final CPI y/y data will be released later at 1700 (SGT). -Final CPI y/y (Forecast: 0.4%, Previous: 0.3%) -Final Core CPI y/y (Forecast: 1.2%, Previous: 1.2%) Currently, EUR/USD is moving towards the support zone of 1.19000 and the next resistance zone is at 1.22100. Look for buying opportunities of EUR/USD if it bounces off the support zone of 1.19000.