EURUSD

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EURUSD

The happiness observed in the markets with the below-expected US CPI data could not continue completely with the Fed decisions. In a process where we observe divergences among financial assets, although Fed Funds Futures pricing keeps the US Central Bank's idea of 2 interest rate cuts by the end of the year on the agenda together with the CPI, it was noteworthy that the FOMC Economic Projections revised the idea of 3 interest rate cuts by the end of the year to 1. However, despite this, the markets still insist on the idea of 2 interest rate cuts and especially the attitude in the US stock indices allows them to continue their movements with this idea. The 1.0813 level can be followed in intraday upward movements. If this level is exceeded, the resistances of 1.0823 and 1.0828 may become important. In possible pullbacks, 1.0799, 1.0794 and 1.0785 will be followed as support levels. . Support: 1.0799 – 1.0794 Resistance: 1.0813 – 1.0823