EURUSD
The EUR/USD pair is exhibiting slight movements in the global markets due to the year-end holiday psychology. Manufacturing PMI data from Europe, the US, and Asia may have a limited impact on the pair. The dollar index, with its weak response in recent days, is focusing on the level of 108.25, while economic data from the US and the Fed's interest rate policy could be decisive for the pair. Especially, economic indicators such as the PMI data and pending home sales in the US might affect the overall trajectory of the dollar.
Technically, the EUR/USD pair may wish to maintain its negative trend below the 1.0440 level. The pair could be under pressure towards the support levels of 1.0385 and 1.0330. Particularly, the 1.0330 level could be monitored as a critical bottom point. In upward movements, the resistance levels at 1.0440, 1.048, and 1.0545 should be observed. The RSI indicator is showing a neutral outlook at the 45 level in the 14-day period, with a small change of 0.01% compared to the previous day. These indicators suggest that the pair might exhibit range-bound movement in the near term.
Support :
Resistance :