EURUSD

We have entered the most critical day of June for global markets. While we will be following the US CPI data for May to see if the rigidity in inflation continues before the US session opens today, our main focus will undoubtedly be on the Fed Interest Rate Decision, FOMC Economic Projections and Fed Chairman Powell's speech. In particular, the interest rate outlook in the Dot Plot section and then the messages that Fed Chairman Powell will give regarding the interest rate policy in the upcoming period are expected to have an impact on most asset prices from A to Z. The daily loss for the parity, which closed at 1.0737 on the previous trading day, was 0.03%. The RSI indicator for the parity, which is below its 20-day moving average, is at 39.73, while its momentum is at 98.89. The 1.0744 level can be followed in intraday upward movements. If this level is exceeded, the 1.0750 and 1.0755 resistances may become important. In case of possible pullbacks, 1.0733, 1.0728 and 1.0722 will be monitored as support levels. Support: 1.0733 – 1.0728 Resistance: 1.0744 – 1.0750