The current account balance data will be released today at 8am (GMT) and the forecast shows negative numbers (-3.6B) which indicates decreasing surplus and it may be negative for the European currency.
Current price EUR/USD at 4:47am (GMT) is 1.4233 and some bullish movements are still in favour up to a level of 1.4250.
However, after the current account balance data is released the currency pair could test downtrend to a level of 1.4150
