The currency pair reversed on Wednesday and started to decline. EUR/USD managed to break down the support at 1,1291 and stays below this level in the moment of writing.

Closest support areas: 1,1255, 1,1217, 1,1170

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

Macroeconomic data

EUR

German Prelim GDP q/q

German WPI m/m

Flash GDP q/q

Flash Employment Change q/

USD

Core Retail Sales m/m

PPI m/m

Retail Sales m/m

Core PPI m/m

Unemployment Claims

Business Inventories m/m