EURUSD

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EURUSD

We have left the first trading day of the week behind for EURUSD. The EURUSD parity was partly optimistic. The region where the Classic Dollar Index is located should be followed carefully together with the macroeconomic developments in the upcoming period. When we evaluate the EURUSD parity in the short term, the 55-period exponential moving average (1.0805) is important, and the parity may want to adapt to its new positive outlook in the relevant region. With this in mind, an increase towards the levels of 1.0855, 1.0895 and 1.0930 can be observed. Especially permanent movements above 1.0855 can further strengthen the current positive desire. Otherwise, pressure may occur towards the short-term indicator. It should not be forgotten that permanent movements below the 1.0805 region are needed for this pressure and the current scenario to be invalidated. However, a new pricing reaction towards the 1.0695 bottom point can be observed under this condition. Support: 1.0835 – 1.0805 Resistance: 1.0855 – 1.0895