Previously, the National Statistics published its Manufacturing and Industrial Production data, indicating below expected results in every chapter. Industrial Production (YoY) fell 1.7%, a worse scenario than expected -0.7%.
German Industrial Production (YoY) was also released during the European morning, stating a growth by 4.7%, above the expected 3.5% rise.
At the moment of writing, the broken pair is quoting at 0.8570, after reaching 0.8654 daily low. Mataf.net analysts expect supports at 0.8565 and 0.8545. On the upside, resistances should be positioned at 0.8610, followed by 0.8620 and 0.8665.