The currency pair established new local highs on Wednesday and has tested 1.1250 resistance area. EUR/USD stays below this level at the moment of writing.

Closest support areas: 1.1203, 1.1185, 1.1162

Closest resistance areas: 1.1223, 1.1250, 1.1278

Macroeconomic data

EUR

Retail Sales m/m

Main Refinancing Rate

Monetary Policy Statement

ECB Press Conference

USD

Challenger Job Cuts y/y

Unemployment Claims

Revised Nonfarm Productivity q/q

Revised Unit Labor Costs q/q

Trade Balance