EURUSD

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EURUSD

Fed Chair Powell emphasized in his Senate presentation that they will not rush to lower interest rates. He noted that inflation remains above the 2% target and that uncertainties regarding tariffs have made commentary speculative. Today, the President's speech in the House of Representatives will be closely monitored. Additionally, the Consumer Inflation data from the U.S. for January will be a key focus of the day.

The Classic Dollar Index shows an overall optimistic outlook, remaining above the 233-day exponential moving average (105.10). The index's fluctuations around the 34-day average (107.80) indicate a significant struggle between short-term sellers and medium-term buyers. At this stage, the index's direction may become clearer with the results of important data.

Support :

1.033 - 1.027 - 1.021

Resistance :

1.0375 - 1.043 - 1.048