According to Eurostat the statistical office of the European Union, Industrial production rose by 0.9% in the euro area in September 2022 as compared to the previous month. The production of non-durable consumer goods rose by 3.6% and capital goods by 1.5%, while the production of intermediate goods as well as durable consumer goods fell by 0.9% and energy by 1.1%.In the EU, the production of non-durable consumer goods rose by 3.1% and capital goods by 1.7%, while the production of intermediate goods as well as durable consumer goods fell by 0.6% and energy by 2.0%. This industrial production data provided the near-term catalyst for the Euro and the price is currently testing the 200-day exponential moving average on the daily chart.
Important Pivots
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
| Classic | 1.0188 | 1.0230 | 1.0275 | 1.0317 | 1.0362 | 1.0404 | 1.0449 |
| Fibonacci | 1.0230 | 1.0263 | 1.0284 | 1.0317 | 1.0350 | 1.0371 | 1.0404 |
| Camarilla | 1.0296 | 1.0304 | 1.0312 | 1.0317 | 1.0328 | 1.0336 | 1.0344 |
| Woodie’s | 1.0190 | 1.0231 | 1.0277 | 1.0318 | 1.0364 | 1.0405 | 1.0451 |
| DeMark’s | – | – | 1.0253 | 1.0306 | 1.0340 | – | – |
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