EURUSD

We are in the last trading day of an important week for EURUSD. The pricing behavior, which has caused the US Dollar to remain weak against developed and developing country currencies by being under pressure from the 34 and 100-day exponential moving averages (103.50) of the Classic Dollar Index, is at the forefront, and the desire to rise in the EURUSD parity is at the forefront. When we evaluate the EURUSD parity in the short term, the bottom point of the uptrend channel, 1.0895, is important, but the parity may want to continue its rise above the relevant region. With this in mind, movement may continue towards the barriers of 1.1000 and 1.1045, especially 1.0965. In particular, permanent movements above the 1.0965 level may further strengthen the current uptrend, and with this confirmation, a new expectation towards the 1.1145 peak may occupy the agenda. Otherwise, pressure towards the 1.0895 support may be observed. However, under this condition, a new expectation may occur towards the 1.0795 bottom point. Support: 1.0895 – 1.0855 Resistance: 1.0965 – 1.1000