The currency pair surged on Monday and broke out 1.2200. EUR/USD stays above this level at press time.

Closest support areas: 1.2200, 1.2143, 1.2087

Closest resistance areas: 1.2249, 1.2306, 1.2342

Macroeconomic data

EUR

German Final GDP q/q

German ifo Business Climate

USD

FOMC Member Evans Speaks

HPI m/m

S&P/CS Composite-20 HPI y/y

CB Consumer Confidence

FOMC Member Quarles Speaks

New Home Sales

Richmond Manufacturing Index