EURUSD

The new week for EURUSD will start horizontally today, and sharp movements are not expected due to the US Stocks and Agricultural Commodities being closed. When we evaluate the EURUSD parity in the short term, the downtrend upper point 1.0805 barrier 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 1.0755, where the 55-period exponential moving average is also located, may further strengthen the current pressure. Otherwise, a trend question can be observed. It should not be forgotten that permanent movements above the 1.0805 barrier are needed for the current scenario to be considered invalid. However, a new pricing reaction towards the psychological level of 1.1000 can be observed under this condition. Support: 1.0755 – 1.0715 Resistance: 1.0805 – 1.0850