EURUSD

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EURUSD

When we evaluate the EURUSD parity, the 55-period average (1.0850) is important, but the parity may want to continue its pressure under the relevant region. With this in mind, a decline towards the supports of 1.0755, 1.0715 and 1.0665 can be observed. In possible returns, especially the 1.0755 level is where we will get the answer to whether negative pricing is complete. However, under this condition, a new expectation may arise towards the channel intersection region of 1.0965 - 1.1005. Support: 1.07015-1.0665 Resistance: 1.08500-1.0965