The currency pair surged on Monday and broke out 1.2176. EUR/USD stays above this level at press time.

Closest support areas: 1.2176, 1.2149, 1.2126

Closest resistance areas: 1.2202, 1.2227, 1.2261

Macroeconomic data

EUR

German Industrial Production m/m

French Trade Balance

Italian Retail Sales m/m

ZEW Economic Sentiment

German ZEW Economic Sentiment

Final Employment Change q/q

Revised GDP q/q

USD

NFIB Small Business Index

Trade Balance

JOLTS Job Openings