The currency pair fluctuated in a range on Wednesday. EUR/USD stays above 1.2306 at press time.

Closest support areas: 1.2306, 1.2249, 1.2200

Closest resistance areas: 1.2342, 1.2383, 1.2407

Macroeconomic data

EUR

German Factory Orders m/m

ECB Economic Bulletin

CPI Flash Estimate y/y

Core CPI Flash Estimate y/y

Italian Prelim CPI m/m

Retail Sales m/m

USD

Challenger Job Cuts y/y

Unemployment Claims

Trade Balance

ISM Services PMI

FOMC Member Evans Speaks