EURUSD

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EURUSD

We are on the most important day of the week and even the month for EURUSD. Today, the US Federal Reserve is expected to present a roadmap to market participants for the second quarter of the year. When we evaluate the EURUSD parity in the short term, although the uptrend seems to have ended, we observe that the Classic Dollar index has not yet confirmed the situation. For this reason, today, together with the Fed, we will reach the answer to the question of whether the parity has really ended its trend. In particular, as long as the current region of the ended trend (1.930) is not passed, adaptation to the new negative outlook and a return to the trend in a permanent movement above the relevant region may occupy our agenda. In the continuation of the trend, a rally towards the level of 1.1000 and in the event of a trend change, pressure towards the bottom point of 1.0695 may occupy our agenda. Support: 1.0850 – 1.0835 Resistance: 1.0895 – 1.0920