In the EMU, Industrial Production w.d.a. (YoY) has fallen only -2.9% in August, against consensus expectations of -4.2%. Moreover, Industrial Production s.a. (MoM) has grown at a rate of +0.6% in August, beating consensus estimates of only -0.4%. In the United Kingdom, the CB Leading Economic Index has grown +0.2% in September, up from +0.1% in the previous month.
In regards to the technical levels, the analyst team at Mataf.net has identified resistive measures at 0.8081, then 0.8100, and finally 0.8130. Conversely, a break below 0.8032 will trigger supports at 0.8002 and 0.7983.