EUR/USD Outlook (10 August 2021)

Overall, EUR/USD is ranging across.

The eurozone and German ZEW Economic Sentiment data will be released later at 1700 (GMT+8).

• ZEW Economic Sentiment (Forecast: 55.3, Previous: 61.2)
  
• German ZEW Economic Sentiment (Forecast: 54.9, Previous: 63.3)
  

EUR/USD’s next support zone is at 1.16300 and the next resistance zone is at 1.18200.
Look for selling opportunities of EUR/USD.