EUR/USD Could Head Lower

 | Dec 06, 2021 08:49PM ET

Overall, EUR/USD is trending downwards. Recently, EUR/USD broke below the key level of 1.13.

The Eurozone ZEW Economic Sentiment data (forecast: 22.4, previous: 25.9) will be released later.

EUR/USD’s next support is the 1.12000 zone, and the next resistance is the 1.13900 zone. Look for short-term selling opportunities of EUR/USD.