FXStreet (Mumbai) - The EUR/USD pair maintains the offered tone after the European open and languishes near fresh seven-month lows struck at 1.0643 levels in last hours. The major continues to face strong selling pressure in wake of the recent Paris terror attacks, which reignited fresh concerns over the Euro zone economic outlook. Friday’s Paris attacks shook investor confidence and are likely to negatively impact French tourism, leaving the ECB no options but to roll out further stimulus next month. Calendar-wise, markets now await the ZEW economic sentiment for November to be published at 10.00GMT, with markets expected a sharp rise in the headline figures. German ZEW to edge sharply higher The ZEW will release its Economic Sentiment Index for the next six months for Germany, as well as the Current Situation Index, reflecting institutional investors' opinions of the current situation. Economic sentiment is seen heading higher to 6.7 in November from 1.9 measured in October, while the Current Situation Index is also expected to tick lower to 54.5 from 55.2 in the previous month. The figures are expected to edge substantially higher, leaving behind the Volkswagen-emission scandal induced disappointing readings posted in Oct. While Friday’s Paris attacks driven drop in investors’ confidence will be reflected in the next month’s survey. EUR/USD: Key levels to watch Valeria Bednarik, Chief Analyst at FXStreet notes, “Technically, the 4 hours chart suggests further falls are likely, given that the price is pressuring the daily low, whilst the technical indicators are well below their mid-lines, with the RSI indicator heading south around 36 and confirming the bearish potential. The pair is now poised to extend its decline down to 1.0610/20, with a break below this last opening doors for a continued decline down to 1.0570.” “Buyers are likely waiting on advances up to 1.0700, the immediate resistance, whilst a stronger one stands around 1.0750, these last two weeks comfort zone.” For more information, read our latest forex news.