EURUSD

For EURUSD, despite the volatile pricing behavior of the Classic Dollar Index last week, the fact that it ended the negative outlook by exceeding the reference indicators created pressure on the EURUSD parity. Whether this attitude will continue, the Growth and Inflation theme may be our main focus in the new week dynamics. Growth from the US, Canada and the UK, and the PCE Inflation from the US, which the Fed closely follows, were recorded as the most important calendar data of the week. When we evaluate the EURUSD parity in the short term, the ending trend zone is under pressure below 1.0930. This attitude strengthens the possibility of a possible pullback to the bottom point of 1.0695. Permanent movements below the level of 1.0790 may confirm this attitude. Otherwise, the idea of a reaction purchase may occupy the agenda. It should not be forgotten that even if such a reaction occurs, the short-term expectation is negative below 1.0930. Support: 1.0790 – 1.0745 Resistance: 1.0835 – 1.0870