Overall, EUR/USD is ranging across. Recently, EUR/USD bounced up from the key level of 1.13.
The eurozone CPI flash estimate y/y data released last Friday indicated that inflation in the eurozone hit a new record high mainly driven by higher energy prices.
The eurozone Unemployment Rate data (Forecast: TBA, Previous: 7.3%) will be released later at 1800 (GMT+8).
EUR/USD’s next support zone is at 1.12000 and its next resistance zone is at 1.13800.
Look for short-term selling opportunities of EUR/USD.
The eurozone CPI flash estimate y/y data released last Friday indicated that inflation in the eurozone hit a new record high mainly driven by higher energy prices.
- CPI Flash Estimate y/y (Actual: 5.0%, Forecast: 4.8%, Previous: 4.9%)
- Core CPI Flash Estimate y/y (Actual: 2.6%, Forecast: 2.5%, Previous: 2.6%)
The eurozone Unemployment Rate data (Forecast: TBA, Previous: 7.3%) will be released later at 1800 (GMT+8).
EUR/USD’s next support zone is at 1.12000 and its next resistance zone is at 1.13800.
Look for short-term selling opportunities of EUR/USD.
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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.
Join my mailing list jindaotai.com/joinme
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.