The currency pair surged on Wednesday and broke out 1.2087. EUR/USD stays above this level at press time.

Closest support areas: 1.2087, 1.2038, 1.1986

Closest resistance areas: 1.2143, 1.2200, 1.2249

Macroeconomic data

EUR

German Import Prices m/m

German Prelim CPI m/m

Spanish Flash CPI y/y

Spanish Unemployment Rate

German Unemployment Change

Private Loans y/y

USD

Advance GDP q/q

Advance GDP Price Index q/q

Unemployment Claims

Pending Home Sales m/m