EUR/USD declined on Monday after the worse than expected German data and the better than expected US data. EUR/USD tested the support at 1,1278. The currency pair stays above this level in the moment of writing.

Closest support areas: 1,1278, 1,1250, 1,1223

Closest resistance areas: 1,1297, 1,1317, 1,1336

Macroeconomic data

EUR

German Retail Sales m/m

French Gov Budget Balance

Spanish Unemployment Change

PPI m/m

USD

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