The currency pair declined sharply on Thursday after the ECB meeting and almost reached 1,1170. EUR/USD started a correction from this level and stays above it in the moment of writing.

Closest support areas: 1,1170, 1,1129, 1,1080

Closest resistance areas: 1,1217, 1,1255, 1,1291

Macroeconomic data

EUR

German Factory Orders m/m

French Industrial Production m/m

French Trade Balance

Italian Industrial Production m/m

USD

Average Hourly Earnings m/m

Non-Farm Employment Change

Unemployment Rate

Building Permits

Housing Starts