EURUSD

The more than expected cooling of employment data in the US caused recession concerns to flare, while the 10-year Treasury bond yield remained under pressure. This situation allowed the pressure on the Dollar Index to continue, while EURUSD found room to move upwards. ISM services PMI can be monitored during the day. The daily gain for the pair, which closed at 1.0935 on the previous trading day, was 0.22%. The RSI indicator for the pair, which is above its 20-day moving average, is at 62.53, while its momentum is at 100.36. The 1.0912 level can be monitored in intraday downward movements. If this level is broken, the supports at 1.0889 and 1.0876 may become important. In possible increases, 1.0949, 1.0963 and 1.0986 will be monitored as resistance levels. Support: 1.0912 – 1.0889 Resistance: 1.0949 – 1.0963