Overall, EUR/USD is ranging across.
The Sentix Investor Confidence data (Actual: 18.3, Forecast: 14.9, Previous: 16.9) released yesterday indicated an increase in the level of optimism from the surveyed investors and analysts of their view on the economic outlook for the eurozone.
The eurozone and German ZEW economic sentiment data will be released later at 1800 (GMT+8).
European Central Bank President Lagarde will be speaking later at 2100 (GMT+8). During this time, there may be volatility in EUR.
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 Sentix Investor Confidence data (Actual: 18.3, Forecast: 14.9, Previous: 16.9) released yesterday indicated an increase in the level of optimism from the surveyed investors and analysts of their view on the economic outlook for the eurozone.
The eurozone and German ZEW economic sentiment data will be released later at 1800 (GMT+8).
- ZEW Economic Sentiment (Forecast: 20.6, Previous: 21.0)
- German ZEW Economic Sentiment (Forecast: 20.3, Previous: 22.3)
European Central Bank President Lagarde will be speaking later at 2100 (GMT+8). During this time, there may be volatility in EUR.
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.