Euro / U.S. Dollar
Short

EUR/USD Outlook (20 January 2022)

201
Overall, EUR/USD is ranging across.

The eurozone CPI y/y data will be released later at 1800 (GMT+8).
  • Final CPI y/y (Forecast: 5.0%, Previous: 5.0%)
  • Final Core CPI y/y (Forecast: 2.6%, Previous: 2.6%)


The European Central Bank will be releasing the minutes for the most recent monetary policy meeting later at 2030 (GMT+8).

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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