EURUSD

The EURUSD pair continues to be priced close to the pivot level of 1.08204. The Fed's resolute stance in fighting inflation and weak PMI data from the Eurozone (50.1) have partially increased selling pressure. If the intra-day level of 1.07795 (Support 1) is broken, suitable levels to be tested could be 1.07227 (Support 3) and 1.06902 (2023 low). In fundamental dynamics, Europe's energy crisis and budget discussions in France continue to weaken the Euro. In short-term strategies, short positions in the 1.08000-1.08204 range are considered appropriate, targeting 1.07227.