2020-09-22 18:20
Market analysisEUR/USD Outlook (22 September 2020)
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Market analysis：
Overall, EUR/USD is ranging across. Recently, EUR/USD broke the support zone of 1.17800 after a strengthening in USD due to an increase in demand caused by a strong sell-off in various stock markets.
Yesterday, European Central Bank President Christine Lagarde said in an unscheduled speech that the strength of the recovery of euro is uncertain despite the recent economic data indicating a strong rebound in the third quarter.
EUR/USD’s next support zone is at 1.15300 and the next resistance zone is at 1.17800.
Look for selling opportunities of EUR/USD.
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EUR/USD Outlook (22 September 2020)
Singapore | 2020-09-22 18:20Overall, EUR/USD is ranging across. Recently, EUR/USD broke the support zone of 1.17800 after a strengthening in USD due to an increase in demand caused by a strong sell-off in various stock markets.
Yesterday, European Central Bank President Christine Lagarde said in an unscheduled speech that the strength of the recovery of euro is uncertain despite the recent economic data indicating a strong rebound in the third quarter.
EUR/USD’s next support zone is at 1.15300 and the next resistance zone is at 1.17800.
Look for selling opportunities of EUR/USD.
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