The currency pair surged on Monday and has broken out 1.1317 resistance area. EUR/USD stays above this level at press time.

Closest support areas: 1.1317, 1.1297, 1.1278

Closest resistance areas: 1.1336, 1.1366, 1.1396

Macroeconomic data

EUR

German Final CPI m/m

German WPI m/m

ZEW Economic Sentiment

German ZEW Economic Sentiment

USD

Core Retail Sales m/m

Retail Sales m/m

Capacity Utilization Rate

Industrial Production m/m

Fed Chair Powell Testifies

Business Inventories m/m

NAHB Housing Market Index

FOMC Member Clarida Speaks