EURUSD

We have come to the most important day of the week for EURUSD, where CPI data from the US and UK, and growth data from the Euro Zone may have an impact on the Dollar Index and therefore the EURUSD parity. 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) 1.0805 - 1.0850 region maintains its importance, but the parity may want to continue its negative outlook under the relevant region. 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 level of 1.0715 may further strengthen the current pressure. Otherwise, a recovery towards the trend region can be observed. Under this condition, a new pricing reaction towards the psychological level of 1.10 can be observed. Support: 1.0715 - 1.0665 Resistance: 1.0805 - 1.0850