EURUSD

Next week, there will be a heavy flow of data including US inflation (CPI) figures, Germany's CPI, and other US retail sales. In terms of the Fed's monetary policy roadmap, particularly the expectations for US CPI and core CPI (0.2% and 0.3%), these may create volatility in the pair. If there is a loss of momentum in retail sales (expectation: 0.5%, previous: 0.6%), the dollar index may weaken, which could trigger an upward reaction in the pair. If Germany's CPI comes in line with expectations, it may not create a major surprise on the Euro side.

Technical Levels: 1.19505 - 1.18486 - 1.16944 - 1.15431 - 1.14907 - 1.13394 - 1.12375

Sustaining above the level of 1.16944 could target the resistance levels of 1.18486 and 1.19505 above. On the other hand, if there is a permanence below 1.15431, selling pressure may strengthen towards the levels of 1.14907 and 1.13394.