EURUSD

After the BoJ decision to increase interest rates for EURUSD after a 17-year hiatus, the main focus of the markets will be on the Fed decisions that we will reach on Wednesday evening. When we evaluate the EURUSD parity in the short term, although the uptrend seems to have ended, we can say that the Classic Dollar Index has not yet confirmed the situation, therefore, the 1.0850 - 1.0895 region remains important for the parity, and it is important for it to move out of the band for clearer movements. Persistence above 1.0895 supports the positive trend, while persistence below 1.0850 may bring the dominance of negative pricing behavior to our agenda with the idea that the trend has ended. For this reason, we can say that the parity is currently in the decision phase. In the continuation of the trend, a rally towards the 1.1000 level, and in the event of a trend change, pressure towards the 1.0695 bottom point may occupy our agenda. Support: 1.0850 – 1.0835 Resistance: 1.0895 – 1.0920