EURUSD

Today, Services PMI from the UK, ADP Private Sector Employment and ISM Services PMI from the US, ECB Interest Rate Decision and President Lagarde Speech tomorrow, and Nonfarm Payrolls and Average Hourly Earnings on Friday are important developments that global markets will follow closely. The critical developments that will start in the middle of the week and will be completed with the Fed on Wednesday, June 12, can be expected to have an impact on asset prices from A to Z. EUR/USD The daily gain for the parity that closed at 1.0880 on the previous trading day was 0.01%. The RSI indicator for the parity, which is above its 20-day moving average, is at 58.86, while its momentum is at 100.20. The 1.0882 level can be followed in intraday upward movements. If this level is exceeded, the resistances at 1.0886, 1.0892 and 1.0897 may become important. In case of possible pullbacks, 1.0876, 1.0871 and 1.0865 will be monitored as support levels. Support: 1.0871 – 1.0865 Resistance: 1.0882 – 1.0886