The euro could not hold at high levels of 1.5 at which it was trading couple of days so the dollar firmed against the EUR and lift 0.7%. The Industrial Production came out 0.3% worse than expected 0.6%. Overall, EUR/USD traded with a low of 1.4820 and with a high of 1.5014. Today, the German GDP is expected at 0.8% vs. 0.3% previously. The French Nonfarm Payrolls expected -0.2% vs. -0.7% previously. The French CPI expected at 0.2% vs. -0.2% previously. The French GDP expected at 0.6% vs. 0.3% previously. The GDP expected at 0.6% vs. -0.2% previously.

EUR/USD - Last: 1.4860

Resistance

1.4895

1.4940

1.4975

Support

1.4845

1.4810

1.4770

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