EURUSD

Today, there are both Germany's GDP (in the morning) and the US's ADP Non-Farm Employment and second-quarter growth (GDP) data, followed by the Fed's interest rate decision and FOMC statement in the evening. If Germany's GDP shows a contraction compared to the previous period, the euro may come under pressure, potentially falling below the 1.16323 pivot of EURUSD and creating a pullback potential towards the supports at 1.14941 and 1.14486. Positive ADP and GDP data from the US could strengthen this downward pressure if the Fed remains hawkish in the evening. Conversely, in the case of a recovery in the euro and weak data from the US, the resistance levels of 1.16798 and 1.18180 would be the initial targets in the short term. Especially after the FOMC, volatility may increase significantly; the 1.16323 level is the pivot point for the day.