The currency pair surged on Wednesday and tested 1.1787 resistance area. EUR/USD stays below this level at press time.

Closest support areas: 1.1732, 1.1704, 1.1657

Closest resistance areas: 1.1787, 1.1833, 1.1879

Macroeconomic data

EUR

German Prelim CPI m/m

Spanish Flash CPI y/y

German Unemployment Change

German Prelim GDP q/q

ECB Economic Bulletin

Italian Monthly Unemployment Rate

Unemployment Rate

USD

Advance GDP q/q

Advance GDP Price Index q/q

Unemployment Claims