The currency pair developed its downtrend on Wednesday after testing the resistance at 1,1396. EUR/USD develops the downtrend in the moment of writing.

Closest support areas: 1,1366, 1,1336, 1,1291

Closest resistance areas: 1,1396, 1,1424, 1,1465,

Macroeconomic data

EUR

German Industrial Production m/m

French Trade Balance

ECB Economic Bulletin

Italian Retail Sales m/m

EU Economic Forecasts

USD

FOMC Member Quarles Speaks

Fed Chair Powell Speaks

Unemployment Claims

FOMC Member Clarida Speaks

Consumer Credit m/m