The currency pair surged on Tuesday and broke out 1.2087. EUR/USD stays above this level at press time.

Closest support areas: 1.2087, 1.2038, 1.1986

Closest resistance areas: 1.2143, 1.2200, 1.2249

Macroeconomic data

EUR

German Final CPI m/m

French Industrial Production m/m

USD

CPI m/m

Core CPI m/m

Final Wholesale Inventories m/m

Fed Chair Powell Speaks

Federal Budget Balance