EURUSD

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EURUSD

While adapting to the new short-term trend under the rising channel for EURUSD. When we evaluate the EURUSD parity in the short term, although the top point of the downtrend is 1.0930, the parity may want to continue its negative outlook under the relevant region. With this in mind, a decline towards the supports of 1.0850, 1.0805 and 1.0755 can be seen. In particular, the question of whether the negative outlook at 1.0755 will turn into a rally or whether the declines have ended and the expectation of a medium-term increase will come to the fore can be followed separately. It should not be forgotten that in a possible recovery process, permanent movements above 1.0930 are needed for the parity to return to the positive trend it ended. However, under this condition, a new expectation towards the peaks of 1.1045 and 1.1145 may occupy the agenda. Support: 1.0805 – 1.0755 Resistance: 1.0930 – 1.1045