EUR/USD To Break Lower

EUR/USD To Break Lower

Overall, EUR/USD is trending downwards. Recently, EUR/USD broke the support zone of 1.10000.

The eurozone retail sales released last Friday indicated a slowdown in consumer spending in January.

EUR/USD’s next support zone is at 1.10000 and the next resistance zone is at 1.12000. Look for short-term selling opportunities of EUR/USD.



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