Euro / U.S. Dollar
Long

EUR/USD Outlook (17 March 2022)

328
Overall, EUR/USD is trending downwards.

The European Central Bank President Lagarde will be speaking later at 1730 (GMT+8). During this time, there may be volatility in EUR.

Currently, EUR/USD is testing the resistance zone of 1.10000 and the next support zone is at 1.10700.
Look for short-term buying opportunities of EUR/USD if it breaks the resistance zone of 1.10000.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.