Euro / U.S. Dollar
Short

EUR/USD Outlook (11 January 2022)

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

The eurozone Unemployment Rate data (Actual: 7.2%, Forecast: TBA, Previous: 7.3%) released yesterday indicated little change in unemployment in November from October.

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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