Overall, EUR/USD is trending upwards. Recently, EUR/USD broke the support zone of 1.13300.
The European Central Bank Governor Christine Lagarde will be testifying before the European Parliament Economic and Monetary Affairs Committee later at 2145 (SGT). During this time, volatility is expected of EUR.
EUR/USD’s next support zone is at 1.11200 and the next resistance zone of 1.13300.
With the positive U.S. jobs data, look for short-term selling opportunities of EUR/USD up until the testification at 2145 (SGT).
The European Central Bank Governor Christine Lagarde will be testifying before the European Parliament Economic and Monetary Affairs Committee later at 2145 (SGT). During this time, volatility is expected of EUR.
EUR/USD’s next support zone is at 1.11200 and the next resistance zone of 1.13300.
With the positive U.S. jobs data, look for short-term selling opportunities of EUR/USD up until the testification at 2145 (SGT).