EURUSD

We are in the fourth trading day of the week for EURUSD. Although the partial recovery in the Dollar Index has created pressure on EURUSD and GBPUSD pairs, neither the index nor the pairs have changed their current trend outlook. When we evaluate the EURUSD pair in the short term, the 1.0895 region maintains its importance, but the pair may want to continue its rise above the relevant region. With this in mind, movement towards the 1.1000 and 1.1045 barriers, especially 1.0965, 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. However, with this condition, a new expectation towards the 1.0795 bottom point may occur. Support: 1.0895 – 1.0855 Resistance: 1.0965 – 1.1000