EURUSD

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EURUSD

Today, the ECB Interest Rate Decision and President Lagarde Speech, and Friday's Nonfarm Payrolls and Average Hourly Earnings are important developments that global markets will follow closely. On Wednesday, June 12, first the US CPI, then the FOMC Economic Projections and the Fed Chair Powell speech will complete an important process in the critical data calendar, and we can obtain important clues on the road map until the end of the year. The daily loss for the parity, which closed at 1.0869 on the previous trading day, was 0.09%. The RSI indicator for the parity, which is above its 20-day moving average, is at 57.03, while its momentum is at 100.10. The 1.0889 level can be followed in intraday upward movements. If this level is exceeded, the 1.0909 and 1.0926 resistances may become important. In possible pullbacks, 1.0852, 1.0835 and 1.0815 will be monitored as support levels. Support: 1.0852 – 1.0835 Resistance: 1.0909 – 1.0926