EURUSD

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EURUSD

The Bank of Japan (BoJ) kept its policy interest rate unchanged at 0.50% this morning. The decisions from the Fed, to be announced later this evening, are emerging as the week's most significant agenda item. Possible revisions in economic projections and the anticipated interest rate cuts by the market are among the factors that could impact asset prices. President Powell's risk assessments and statements regarding the bank's future will also be closely monitored.

The Classic Dollar Index is witnessing a struggle between short-term sellers and medium-term buyers. While medium-term buyers maintain optimism above the 200-week average, short-term sellers are showing resistance below certain levels. In the EURUSD pair, the 1.0820 area stands out as an important support point. Persistent movements below this level could introduce new pressure scenarios.

Support :

1.092 - 1.087 - 1.082

Resistance :

1.097 - 1.1015 - 1.1055