The European currency is recovering further ground following today’s US docket, with EUR/USD regaining the 1.1100 handle and beyond. EUR/USD turns positive post-US releases The pair has returned to the positive territory after mixed US results saw headline Retail Sales contracting at a monthly pace of 0.1% during February, while Sales excluding the Auto sector has expanded 0.3% during the same period. Further results saw the NY Empire State index surpassing estimates at 0.62 for the current month and headline Producer Price Index contracting in line with expectations 0.2% MoM in February. EUR/USD levels to watch The pair is now up 0.14% at 1.1119 and a break above 1.1218 (post-ECB high Mar.10) would target 1.1339 (high Fe.9) en route to 1.1379 (2016 high Feb.11). On the other hand, the next support aligns at 1.1043 (200-day sma) followed by 1.1026 (55-day sma) and finally 1.0820 (post-ECB low Mar.10). For more information, read our latest forex news.