Euro / U.S. Dollar
Long

EUR/USD Outlook (08 February 2022)

232
Overall, EUR/USD is ranging across.

During her testimony yesterday, European Central Bank President Lagarde highlighted that the chance of inflation stabilizing at the central bank’s 2% target has increased.

EUR/USD’s next support zone is at 1.13800 and the next resistance zone is at 1.15000.
Look for short-term buying opportunities of EUR/USD.

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