Euro fell sharply amid EU summit results

Signals for the EUR/USD pair:

If the pair breaks through the level of 1.0819, the euro is likely to grow to 1.0791 and 1.0818.

A breakthrough at 1.0763 may lead to a sell-off of the euro at 1.0718 and 1.0636.

Signals for the GBP/USD pair:

If the pair breaks through the level of 1.2374, the British pound may rise to 1.2417 and 1.2476.

A breakthrough at 1.2336 is likely to lead to a sell-off of the British pound at 1.2264 and 1.2173.

Fundamental data:

The Ifo Business Climate indicator for Germany, the UK retail sales volume index, including fuel, and new orders for US durable goods are set for release today.

The material has been provided by InstaForex Company - www.instaforex.com