EURUSD

The pricing behavior of the Classic Dollar Index for EURUSD, which is in line with the general data outlook and technical expectations, supports our negative view of EURUSD pairs. In this respect, as long as it remains above the 34 and 100-day averages (103.40), the DXY positive / parity negative scenario is at the forefront. When we evaluate the EURUSD pair in the short term (55-period exponential moving average), the 1.0755 - 1.0805 region maintains its importance, while the parity may want to continue its negative outlook under the relevant region. With this thought, 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