EURUSD

The Classic Dollar Index follows a profile that prevents the pairs from taking clear steps in their short-term outlook with its fluctuations between 105.00 and 103.90. We can say that it is necessary to be more careful in strategies for EURUSD and GBPUSD pairs against the possibility of the index breaking out of this region with the high-level macroeconomic indicators that we will follow in the remaining days of the week. Theoretically, above 105.00 can be explained as the continuation of the positive trend for the index, while below 1039.90 can be explained as a trend change. In today's calendar, German CPI, US Richmond Manufacturing Index and FOMC Member Williams' speech can be explained as intraday developments. The 1.0851 level can be followed in intraday upward movements. If this level is exceeded, the 1.0858, 1.0869 and 1.0876 resistances may become important. In case of possible pullbacks, 1.0840, 1.0833 and 1.0822 will be monitored as support levels. Support: 1.0840 – 1.0833 Resistance: 1.0858 – 1.0869