EURUSD

For EURUSD, after the Euro Zone Final CPI of 2.4% yesterday, our main focus continues to be the US PCE Deflator on Friday. Today, we will follow the Conference Board (CB) Consumer Confidence data from the US. When we evaluate the EURUSD parity in the short term, the 1.0870 - 1.0890 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 1.1008, 1.1050 and 1.1090 barriers. 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: 1.1050 - 1.1090