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EUR/USD Outlook (15 February 2021)

FX:EURUSD   Euro / USA-dollar
Overall, EUR/USD is ranging across. Recently, EUR/USD bounced off the support zone of 1.20750.

Last Wednesday, Germany extended its COVID-19 restrictions until 7 March in an attempt to contain the spread of the virus.

Last Saturday, former European Central Bank President Mario Draghi’s government was sworn into office.

EUR/USD’s next support zone is at 1.20750 and the next resistance zone is at 1.23170.
Look for buying opportunities of EUR/USD.

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