EURUSD

image

EURUSD

While the decline in the U.S. Consumer Confidence Index creates unease in the markets, they are focusing on the interest rate cuts expected from the Eurozone. Due to pricing in the interest rate cut, the EURUSD pair continues to experience pullbacks within a downtrend, and the data on "GDP" and "Unemployment Benefit Claims" to be released from the U.S. is expected to increase volatility. It is anticipated that, in light of fundamental and technical data, any upward movements will not be sustainable.

Support :

1.07318 1.07009 2 1.06738

Resistance :

1.08499 1.08205 1.07796