EURUSD

While inflation is recorded as the main theme for EURUSD, the PPI that we will reach the conclusion from the US today is the last critical development of the week. When we evaluate the EURUSD parity in the short term, although it accepts the 1.0930 level as the bottom, we observe that the relevant increases are limited to the 55-period average (1.0970) each time. In an environment where the Buyer - Seller struggle is striking, permanent movements outside the 1.0890 - 1.0970 levels are needed for clearer movements. However, under this condition, the 1.1145 peak or the 1.0715 bottom point may occupy our agenda. Otherwise, it may want to continue the decision-making process by following a tight course within the 1.0890 - 1.0970 levels for a while longer. The EURUSD parity is in the decision-making phase within the 1.0890 - 1.0970 levels. Support: 1.0890 - 1.0850 Resistance: 1.1090 - 1.1145