EURUSD

We have left a calm week behind for EURUSD. We expect a more effective pricing behavior in the new week dynamics. The basis of this idea is the inflation data from the US for January. When we evaluate the EURUSD parity 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 region and the parity may want to continue its negative outlook under the relevant region. With this thought, 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 zone 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