The currency pair surged on Tuesday 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 WPI m/m

ECB President Lagarde Speaks

Italian Industrial Production m/m

Industrial Production m/m

USD

CPI m/m

Core CPI m/m

FOMC Member Brainard Speaks

Beige Book

Federal Budget Balance

FOMC Member Clarida Speaks