Euro / U.S. Dollar
Short

EUR/USD Outlook (24 January 2022)

236
Overall, EUR/USD is ranging across. Recently, EUR/USD bounced up from the key level of 1.13.

The French flash PMI data will be released later at 1615 (SGT).
  • French Flash Manufacturing PMI (Forecast: TBA, Previous: 55.6 revised from 54.9)
  • French Flash Service PMI (Forecast: TBA, Previous: 57.0 revised from 57.1)


The German Flash PMI data will be released later at 1630 (SGT).
  • German Flash Manufacturing PMI (Forecast: TBA, Previous: 57.4 revised from 57.9)
  • German Flash Services PMI (Forecast: TBA, Previous: 48.7 revised from 48.4)


The eurozone flash PMI data will be released later at 1700 (SGT).
  • Flash Manufacturing PMI (Forecast: TBA, Previous: 58.0)
  • Flash Services PMI (Forecast: TBA, Previous: 53.1 revised from 53.3)


EUR/USD’s next support zone is at 1.12000 and the next resistance zone is at 1.13800.
Look for short-term selling opportunities of EUR/USD.

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