This week, there are high-impact news events scheduled that may cause volatility in the EURUSD pair. The German ifo Business Climate, CB Consumer Confidence, and Richmond Manufacturing Index may affect the pair on Monday and Tuesday. The Pending Home Sales m/m on Wednesday and German Prelim CPI m/m and Spanish Flash CPI y/y on Thursday may also have an impact. The EURUSD pair technical analysis suggests a retracement to the 1.06000 demand zone.
