The currency pair surged on Tuesday and broke out 1.2249. EUR/USD stays above this level at press time.

Closest support areas: 1.2249, 1.2200, 1.2143

Closest resistance areas: 1.2249, 1.2342, 1.2383

Macroeconomic data

EUR

Spanish Flash CPI y/y

USD

Goods Trade Balance

Prelim Wholesale Inventories m/m

Chicago PMI

Pending Home Sales m/m