Overall, EUR/USD is ranging across. Recently, EUR/USD tested and failed to break above the key level of 1.16.
The eurozone and German ZEW economic sentiment data released yesterday indicated an increase in the level of optimism in the German and eurozone economy from the surveyed investors and analysts.
Currently, EUR/USD is moving up towards the key level of 1.16. Its next support zone is at 1.15000 and the next resistance zone is at 1.16300.
Look for short-term buying opportunities of EUR/USD if it breaks above the key level of 1.16.
The eurozone and German ZEW economic sentiment data released yesterday indicated an increase in the level of optimism in the German and eurozone economy from the surveyed investors and analysts.
- ZEW Economic Sentiment (Actual: 25.9, Forecast: 20.6, Previous: 21.0)
- German ZEW Economic Sentiment (Forecast: 20.3, Previous: 22.3)
Currently, EUR/USD is moving up towards the key level of 1.16. Its next support zone is at 1.15000 and the next resistance zone is at 1.16300.
Look for short-term buying opportunities of EUR/USD if it breaks above the key level of 1.16.