The euro rose slightly on the eve of the background of a downward correction of greenbacks. The presented data on US inflation came in slightly below expectations. The consumer price index rose 0.1% in June, while in annual terms - by 2.9% with growth forecast at 0.2% and 2.9%, respectively. Core CPI rose 2.3% year on year, in line with expectations. Eurozone data released on industrial production. In May, production increased by 1.3%, and in annual terms - by 2.4% with growth forecast at 1.2% and 2.1%, respectively.
According to technical analysis the pair EUR / USD, the euro obilsya the support 1.1645. In the case of consolidation koirovok EUR / USD pair above the 1.1720 jotmetki likely to increase to a level of 1.1830. If the euro dollar traders will be able to break through the level 1.1645 is possible depreciation of the euro to 1.1600.
Analytics and forecast EUR / USD Company WELTRADE