EURUSD

CPI from Germany and the Eurozone, Growth from the US, Conference Board (CB) Consumer Confidence, FOMC members / Fed officials' speeches and Fed Inflation indicator PCE (Personal Consumption Expenditures / Spending) should be followed carefully. Today is the Memorial Day holiday in the US, so a calmer start to the week may be observed. IFO Business Climate Index from Germany and FOMC Member Williams' speech from the US can be explained as intraday developments. 1.0848 level can be followed in intraday downward movements. In case of falling below this level, supports of 1.0843, 1.0838 and 1.0833 may become important. In possible increases, 1.0854, 1.0859 and 1.0864 will be watched as resistance levels. Support: 1.0843 - 1.0838 Resistance: 1.0854 - 1.0859