EUR/USD Outlook (15 October 2021)

#OPINIONLEADER# #BearishEUR/USD#

ByJin Dao Tai

 OCT 15, 2021

Overall, EUR/USD is trending downwards. Recently, EUR/USD bounced off the resistance zone of 1.16300.

Currently, EUR/USD is testing to break below the key level of 1.16. Its next support zone is at 1.15000 and the next resistance zone is at 1.16300.

Look for short-term selling opportunities of EUR/USD if it breaks below the key level of 1.16.