EURUSD

The EURUSD pair has demonstrated limited pullbacks following the disruption of its downtrend, resulting in a period of horizontal pricing. The exchange rate is expected to continue within a horizontal band influenced by the Federal Reserve's interest rate cut policy and the Eurozone's interest rate reduction strategy. The resistance level is positioned at 1.0538, while support is at 1.0483. Given that the interest rate decision to be announced at 16:15 is likely to increase volatility, it is advisable to conduct transactions close to these levels.