2020-08-10 16:26
Market analysisEUR/USD Outlook (10 August 2020)
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Market analysis：
Overall, EUR/USD is trending upwards. Recently, EUR/USD moved lower, breaking below the key level of 1.18 after the release of the positive U.S. jobs report.
Currently, EUR/USD is testing to break above the key level of 1.18. Its next support zone is at 1.17200 and the next resistance zone is at 1.19000.
If EUR/USD breaks above the key level of 1.18, look for buying opportunities.
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EUR/USD Outlook (10 August 2020)
Singapore | 2020-08-10 16:26Overall, EUR/USD is trending upwards. Recently, EUR/USD moved lower, breaking below the key level of 1.18 after the release of the positive U.S. jobs report.
Currently, EUR/USD is testing to break above the key level of 1.18. Its next support zone is at 1.17200 and the next resistance zone is at 1.19000.
If EUR/USD breaks above the key level of 1.18, look for buying opportunities.
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