The French Consumer Price Index (CPI) measures the changes in the price of goods and services purchased by consumers.
The French Consumer Price Index rose to 0.2%, from 0.1% in the previous month , missing forecast at 0.3%.
This development puts the pair under pressure , eyes on the key support 1.1270 next, a halt is very likely, and rebound may seen from this level, however, a cut through the 1.1270 will confirm topping at the 1.1385 and open the 1.1177/1.1131 levels.
On the upside, stability above the 1.1270 levels on a 4- hour closing basis could mean a return to the 1.1385 levels.
