EURUSD

The decline in the US 10-year Treasury bond yield has shown an upward pricing in the EURUSD pair. After the markets eased their recession concerns, the 10-year yield has fallen back to 3.90%. On the other hand, the Dollar Index is also paving the way for increases in the EURUSD pair. The downward movement observed in the dollar index supports the pair upwards. The daily gain for the pair, which closed at 1.0933 on the previous trading day, was 0.09%. The RSI indicator for the pair, which is above its 20-day moving average, is at 60.58, while its momentum is at 100.73. The 1.0922 level can be followed in intraday downward movements. If this level is dropped, the supports at 1.0911 and 1.0904 may become important. In possible increases, 1.0947 and 1.0958 will be monitored as resistance levels. . Support: 1.0922 – 1.0911 Resistance: 1.0947 – 1.0958