EURUSD

image

EURUSD

We left behind an important day for EURUSD, where we reached the results of CPI data from the US and Wages data from the UK. After the data, the increase in the Dollar Index and US 10-year bond interest rate drew attention. When we evaluate the EURUSD parity in the short term (55-period exponential moving average), the 1.0755 - 1.0805 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 1.0655, 1.0620 and 1.0580 can be observed. In particular, the continuation of the course below the 1.0715 level may strengthen the current pressure. Otherwise, a recovery towards the trend zone can be observed. Under this condition, a new pricing reaction towards the psychological 1.1000 level can be observed. Support: 1.0715 - 1.0665 Resistance: 1.0805 - 1.0850