EURUSD

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EURUSD

Despite the optimism in the ADP Private Sector Employment data for EURUSD, we observed pressure on the Classic Dollar index with the ISM Services PMI data result that remained below expectations in the US. We will be following the news flows today and tomorrow regarding how long DXY, which draws attention with the reaction thought it started from the 105 barrier, will continue its current reaction. The pressure on the index brought significant increases in the EURUSD parity and entered into trend questioning. Today's Unemployment Benefits Applications and FOMC members' speeches, tomorrow's Non-Farm Employment and Average Hourly Earnings data results should be followed carefully to answer the question of whether they will support the weak Euro - Sterling / strong Dollar theme. The 1.0841 level can be followed in intraday downward movements. In case of falling below this level, the supports of 1.0835, 1.0826 and 1.0821 may become important. In possible increases, 1.0850, 1.0855 and 1.0864 will be monitored as resistance levels. Support: 1.0826 – 1.0821 Resistance: 1.0855 – 1.0864