The currency pair surged on Monday and broke out 1.1657. EUR/USD stays above this level at press time.

Closest support areas: 1.1657, 1.1618, 1.1590

Closest resistance areas: 1.1704, 1.1732, 1.1787

Macroeconomics data

EUR

German Prelim CPI m/m

Spanish Flash CPI y/y

USD

Goods Trade Balance

Prelim Wholesale Inventories m/m

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

FOMC Member Williams Speaks

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CB Consumer Confidence

FOMC Member Clarida Speaks

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FOMC Member Williams Speaks

FOMC Member Quarles Speaks