EURUSD

The FOMC meeting minutes, where we will reach the details of the Fed meeting on May 1, will be on our radar today. The Classic Dollar Index attracted attention with its negative pricing behavior last week. The performance of the index in this process is important in a process that allows us to question whether the positive trend appearance has ended by falling below the averages we base it on (34 and 100-day EMA). The general strategy can be explained as the confirmation of the uptrend with the persistence above the 34-day average (104.85), and the end of the uptrend with the persistence below the trend bottom point (103.90). The daily loss for the parity, which closed at 1.0855 on the previous trading day, was 0.00%. The RSI indicator for the parity, which is above its 20-day moving average, is at 61.11, while its momentum is at 100.79. The 1.0857 level can be followed in intraday upward movements. If this level is passed, resistance levels of 1.0862, 1.0869 and 1.0874 may become important. In case of possible pullbacks, support levels of 1.0850, 1.0845 and 1.0838 will be monitored. Support: 1.0850 - 1.0845 Resistance: 1.0862 - 1.0869