EURUSD

For EURUSD, intensive calendar data awaits us in the dynamics of the new week. When we evaluate the EURUSD parity in the short term, while the bottom point of the rising channel is important at 1.0930, as long as the parity continues its course on the relevant region, a possible pricing reaction towards the peak of 1.1145 may want to occupy our agenda. Although the first intermediate resistance channel top point before 1.1145 is 1.1000, we can describe it as weak as long as the channel is not broken in the event of a possible reaction. It should not be forgotten that permanent movements below the level of 1.0930 are needed in terms of monitoring a possible strengthening on the dollar front and when our current scenario regarding the parity will be deemed invalid. However, under this condition, a new expectation towards the bottom point of 1.0715 may occupy the agenda. Support: 1.0890 – 1.0850 Resistance: 1.1090 – 1.1145