Overall, EUR/USD is moving across. Recently, EUR/USD trended lower after failing to break above the key level of 1.12. The eurozone CPI flash estimate y/y data (Actual: 1.3%, Forecast: 1.3%, Previous: 1.0%) released was as forecasted. Currently, EUR/USD is testing the support level of 1.11500 and the next resistance level is at 1.12800. Stay out of EUR/USD for now.