EURUSD Testing Strong Support Zone Near 1.0700

EURUSD Testing Strong Support Zone Near 1.0700

EURUSD is currently testing a strong support zone near 1.0680 - 1.0700.
This area seems poised to push the price up again in the coming days, making it a potential short-term trade opportunity.

The US will release the Consumer Price Index (CPI) data on Wednesday, so the market is likely to speculate again.
The US Consumer Price Index (YoY) for October is expected to be 2.6% vs 2.4% the previous month.
The US Consumer Price Index ex Food & Energy (YoY) for October is expected to remain at 3.3%.

EURUSD may test the 1.0750 and 1.0800 levels again.

You may find more details in the chart!
Thank you and Good Luck!

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