The Euro holding above the 1.32 zone and attempted to recover but capped by the resistance level at 1.3270. The German Unemployment Change came out -68K better than expected -11K. Breaching the 1.3270 level might fuel an upside momentum. Overall, EUR/USD traded with a low of 1.3184 and a high of 1.3278. Today, the CPI is expected unchanged at 1.4%. The Unemployment Rate is expected unchanged at 10%.

EUR/USD - Last: 1.3230

Resistance

1.3270

1.3340

Support

1.3180

1.3130

width=450