EURUSD

For EURUSD, we observed an increase in the pair as the Classic Dollar Index gave back some of the recent gains this week. When we evaluate the EURUSD pair in the short term, the top point of the downtrend and also the indicator supporting the trend (55-period exponential moving average) is passing through the 1.0805 - 1.0850 area and the pair may want to continue its negative outlook under the relevant area. With this in mind, a decline towards the supports of 1.0755, 1.0715 and 1.0665 can be observed. In particular, permanent movements below the 1.0715 level may further strengthen the current pressure. Otherwise, a recovery towards the trend area can be observed. However, under this condition, a new pricing reaction towards the psychological 1.10 level can be observed. Support: 1.0715 - 1.0665 Resistance: 1.0805 - 1.0850