Overall, EUR/USD is trending upwards. Recently, EUR/USD broke below the key level of 1.23.
The eurozone CPI flash estimate y/y data released yesterday indicated no change in the rate of inflation from the previous month.
EUR/USD’s next support zone is at 1.21800 and the next resistance zone is at 1.24800.
Look for short-term buying opportunities of EUR/USD.
The eurozone CPI flash estimate y/y data released yesterday indicated no change in the rate of inflation from the previous month.
- CPI Flash Estimate y/y (Actual: -0.3%, Forecast: -0.2%, Previous: -0.3%)
- Core CPI Flash Estimate y/y (Actual: 0.2%, Forecast: 0.2%, Previous: 0.2%)
EUR/USD’s next support zone is at 1.21800 and the next resistance zone is at 1.24800.
Look for short-term buying opportunities of EUR/USD.
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