EURUSD

On the third trading day of the week for EURUSD, although the Classic Dollar Index continued to remain above the 34 and 100-day exponential moving averages (103.50) that we base it on, EURUSD limited its declines with the pressure it created due to the developments that came during the day. When we evaluate the EURUSD parity in the short term, we see that the positive trend that started at the level of 1.0695 was broken with the recent movements, but it did not gain confirmation because no permanent reaction was observed below the level of 1.08. For this reason, with the critical developments during the day, we will reach the answer to the question of whether the parity will return to the trend it ended or adapt to the new negative outlook. It should not be forgotten that permanent movements below the level of 1.0800 (in such a scenario, the bottom point of 1.0695 is on our agenda), and permanent movements above 1.0855 (in such a scenario, the peak point of 1.1145 is on our agenda) are needed to return to the trend it ended. Support: 1.0815 – 1.0800 Resistance: 1.0855 – 1.0895