EURUSD

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EURUSD

The remaining days of the week for EURUSD will examine macroeconomic developments to answer the question of whether it is a trend rally or a reaction sale. With this in mind, while examining the new week dynamics, the 3rd quarter Final Growth from the US and especially the PCE Deflator, and the Final CPI from the Eurozone are our main focus. When we evaluate the EURUSD parity in the short term, the 1.0850 - 1.0872 region where the 55-period average is located is important, and the parity may want to continue its upward trend above the relevant average. With this in mind, pricing can be monitored towards the barriers of 1.0930, 1.0965 and 1.1008. In the possible reaction thought, the 55-period average is the main support, but it should not be forgotten that positive expectation optimism will continue as long as we do not observe a dramatic pricing. Support: 1.0850 - 1.0805 Resistance: 1.0965 - 1.1008