Overall, EUR/USD is trending upwards. The French flash PMI data will be released later at 1615 ( SGT ). French Flash Service PMI (Forecast: 39.9, Previous: 38.8 revised from 38.0) French Flash Manufacturing PMI (Forecast: 50.0, Previous: 49.6 revised from 49.1)
The German Flash PMI data will be released later at 1630 ( SGT ). German Flash Services PMI (Forecast: 44.1, Previous: 46.0 revised from 46.2) German Flash Manufacturing PMI (Forecast: 56.4, Previous: 57.8 revised from 57.9) The eurozone flash PMI data will be released later at 1700 ( SGT ). Flash Manufacturing PMI (Forecast: 53.0, Previous: 53.8 revised from 53.6) Flash Services PMI (Forecast: 41.9, Previous: 41.7 revised from 41.3) Currently, EUR/USD is moving towards the resistance zone of 1.21800 and the next support zone is at 1.19800.
With the ongoing negotiation of the post-Brexit trade deal, look for short-term buying opportunities of EUR/USD if it breaks the resistance zone of 1.21800.


READ  EURUSD Long for FOREXCOM:EURUSD by Forex-Top-Investments