FXStreet The EUR/USD reached its daily high in the vicinity of the 1,0900, after the US economic data disappointing.
EUR/USD bids after U.S. data
The buying interest to the Pair, according to the U.S. Inflation in the Form of the CPI year-on-year basis grew by just 2.2% and on a monthly basis by 0.2%, while the forecasts were at 2.3 % and 0.2 %.
The core CPI is up 1.9% (yoy) was also below the forecast of 2.0 %.
Retail sales rose in April by 0.4% excluding the auto sector, the growth on a monthly basis is 0.3 %.
The Couple turned to the data in the positive range and the losses of the past 4 meetings to be reversed.
Later, there is still consumer sentiment for may and the Fed Speeches by Chicago Fed C. Evans (voter, centrist) and the Dallas Fed P. Harker (voter, hawkish).
EUR/USD significant levels
Currently, the daily gain of 0.28% at 1,0892 and the next Resistances is at 1,0900 (to the power of 10. May), 1,0916 (Fibo 23.6% on the April-to-may rally) and 1,0935 (High-9. May). On the other hand, supports are located at 1,0838 (Deep 11. May), 1,0826 (200-day SMA) and 1,0819 (Deep 24. April).
** FXStreet News Editorial, FXStreet**