EURUSD

EURUSD

When we focus on this week, PMI on the Growth front, Non-Farm Employment on the Employment front, Fed and ECB Meeting Minutes on the Central Bank front and the speeches of Fed and ECB Presidents can be explained as our main focus. When we focus on today, ECB President Lagarde's speech from the Euro Zone, CPI and Manufacturing PMI from Germany, ISM Manufacturing PMI from the US can be followed due to possible price effects. The downward movement observed in the dollar index supports the parity upwards. The daily gain for the parity, which closed at 1.0753 on the previous trading day, was 0.36%. The RSI indicator for the parity, which is above its 20-day moving average, is at 49.60, while its momentum is at 100.15. The 1.0737 level can be followed in intraday downward movements. If this level is dropped, the 1.0720 and 1.0708 supports may become important. In possible increases, 1.0778 and 1.0794 will be monitored as resistance levels. Support: 1.0737 – 1.0720 Resistance: 1.0778 – 1.0794