EUR/USD developed its downtrend on Friday. The currency pair has reached the support area at 1,1322 and started an upside correction later. Euro is able to develop its downside progress on Monday as we have a bearish Flag pattern on the Hourly chart.

Closest support area: 1,1322, 1,1305, 1,1283

Closest resistance area: 1,1345, 1,1366, 1,1398

Macroeconomic data

Italian Industrial Production m/m

FOMC Member Daly Speaks

US Bank holiday