EURUSD

We left behind the most important data of the week for EURUSD with the US Consumer Price Index. Although the EURUSD parity was suppressed after the inflation data above expectations, it followed a profile that continued its general trend appearances. When we evaluate the EURUSD parity in the short term, the 1.0895 region is important, and the parity may want to continue its rise above the relevant region. With this in mind, movement towards the 1.0930, 1.0965 and 1.1000 barriers may continue. In particular, permanent movements above the 1.0965 level may further strengthen the current upward trend, 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. In such a pressure, it should not be forgotten that permanent movements below the 1.0895 region are needed for our current scenario to be considered invalid. Only under this condition can a new expectation be formed towards the bottom point of 1.0795. Support: 1.0895 – 1.0855 Resistance: 1.0965 – 1.1000