EURUSD
The EUR/USD pair is following a calm course with low trading volume due to the end-of-year holiday period. The US Dollar Index remaining above the 34-day average maintains the strong stance of the dollar. However, reactions in the 108.25 area are being closely monitored. If this level is surpassed, a positive momentum in the dollar index could be seen, while if there is pressure, the 107 level could come into focus. For the EUR/USD, the medium-term resistance area in the 1.0545 - 1.0600 range stands out, with 1.0440 serving as an important short-term resistance zone.
From a technical perspective, the EUR/USD pair is rising towards the resistance at 1.044, but if it fails to maintain its position above this level, pullbacks to the support levels of 1.0385 and 1.0330 might occur. Especially, the 1.0330 level is monitored as a critical support point for the pair to move within a broader range. The RSI indicator shows a neutral outlook, and the pair has recorded a decline of 0.13 percent. In the current technical outlook, movements above 1.0440 should be watched for a recovery.
Support :
Resistance :