The currency pair developed its downtrend on Thursday and has broken down the support at 1,0850. EUR/USD stays below this level at the moment of writing.

Closest support areas: 1,0813, 1,0780, 1,0747

Closest resistance areas: 1,0850, 1,0886, 1,0931

Macroeconomic data

EUR

German Prelim GDP q/q

German WPI m/m

Italian Trade Balance

Flash Employment Change q/q

Flash GDP q/q

Trade Balance

USD

FOMC Member Williams Speaks

Core Retail Sales m/m

Retail Sales m/m

Import Prices m/m

Capacity Utilization Rate

Industrial Production m/m

Prelim UoM Consumer Sentiment

Business Inventories m/m

Prelim UoM Inflation Expectations

FOMC Member Mester Speaks