EURUSD

When we evaluate the performances of EURUSD since the beginning of the year, we are following the movements of EURUSD parity with a 3.50 percent increase through the last period when the losses in the Dollar Index were effective. When we evaluate the EURUSD parity in the short term, the 1.1005 region where the 55-period average is located is important, and the parity may want to continue its upward trend above the relevant average. With this in mind, pricing can be monitored towards the barriers of 1.1090, 1.1145 and 1.1190. The reaction to be given at the 1.1090 level in particular should be monitored. In the possible reaction thought, it should not be forgotten that while the 55-period average is the main support, permanent movements below the average are needed for the current scenario to be considered invalid. However, a new pressure towards the 1.0890 bottom region can be monitored under this condition. Support: 1.1030 – 1.0005 Resistance: 1.1190 – 1.1235