Overall, EUR/USD is trending upwards. Recently, EUR/USD bounced down from the key level of 1.23.
Earlier today, Germany has extended their COVID-19 lockdown until 31 January in an effort to control the infection rate.
The Germany Unemployment Change data (Forecast: 10K, Previous: -39K) will be released later at 1655 (SGT).
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.
Earlier today, Germany has extended their COVID-19 lockdown until 31 January in an effort to control the infection rate.
The Germany Unemployment Change data (Forecast: 10K, Previous: -39K) will be released later at 1655 (SGT).
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.