German CPI data could provide traders with a bit of insight into the Eurozone economy and even hint at the upcoming ECB rate decision. German CPI (YoY), German CPI (MoM) and German CPI – EU harmonized (YoY) set for release on Friday, March 14. An all-bullish release will likely break through EUR/USD 4-year highs above 1.3900. An all-bearish release will reinforce resistance, and suggest EUR/USD downside towards 1.3822.
Written by Daniel Elo, Analyst at www.EconomicCalendar.com
