EURUSD

When we start a new week for EURUSD, inflation is recorded as the main theme, while the CPI and PPI that we will reach the conclusion from the US are the most critical developments of the week. When we evaluate the EURUSD parity in the short term, there is a trend below the 55-period average of 1.0970. If the parity continues to stay below the relevant average, the idea of adapting to the new negative outlook may come to the fore. With this thought, a decline towards the supports of 1.0890, 1.0850 and 1.0805 can be observed. It should not be forgotten that in a possible recovery, permanent movements above the average are needed for the parity to return to the positive region it ended. However, under this condition, a new expectation towards the 1.1145 peak may occupy our agenda. Support: 1.0890 – 1.0850 Resistance: 1.1090 – 1.1145