EURUSD

Despite the Manufacturing PMI data in Europe that resulted below expectations, optimistic developments regarding the Service sector drew attention, while the PMI data regarding the Manufacturing sector in the US, in addition to its below-expected course, fell below the 50 threshold region and followed a negative course. Although it remained in the growth region above the 50 threshold level for the service sector, it provided a negative pricing in the Classic Dollar Index / positive pricing in EURUSD and GBPUSD parity with the below-expected result. When we come to the middle of the week, the results of the German IFO Business Climate Index and the US Core Durable Goods Orders data can be followed in the macroeconomic outlook. The 1.0707 level can be followed in intraday upward movements. If this level is exceeded, the resistances of 1.0715, 1.0723 and 1.0731 may become important. In possible pullbacks, 1.0699, 1.0691 and 1.0683 will be monitored as support levels. Support: 1.0699 – 1.0691 Resistance: 1.0715 – 1.0723