EURUSD

EURUSD

The Classic Dollar Index continues to remain in the optimistic region despite the losses it recorded at the beginning of the week. This attitude supports the continuation of the main negative outlook for EURUSD and GBPUSD pairs. With the Growth data from the US today and especially the PCE Inflation data tomorrow, the levels at which both the index and the pairs will close the week are important, and with the PCE data, where speculations about the Fed's interest rate cut will increase, an instant significant pricing change can be monitored. The daily gain for the pair, which closed at 1.0693 on the previous trading day, was 0.12%. The RSI indicator for the pair, which is below its 20-day moving average, is at 41.29, while its momentum is at 99.56. The 1.0682 level can be followed in intraday downward movements. If this level is dropped, the supports at 1.0670 and 1.0662 may become important. In possible increases, the resistance levels of 1.0708 and 1.0720 will be monitored. . Support: 1.0682 – 1.0670 Resistance: 1.0708 – 1.0720