EUR/USD Outlook (25 May 2021)
ByJin Dao Tai
MAY 25, 2021
Overall, EUR/USD is trending upwards. Recently, EUR/USD broke above the key level of 1.22.
The eurozone German ifo Business Climate data (Forecast: 98.2, Previous: 96.8) will be released later at 1600 (SGT).
EUR/USD’s next support zone is at 1.21500 and the next resistance zone is at 1.23200.
Look for buying opportunities of EUR/USD.
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