EURUSD

While inflation is recorded as the main theme for EURUSD, CPI and PPI, which we will reach the conclusion from the USA, are the most critical developments of the week. When we evaluate the EURUSD parity in the short term, we see that although it accepts the 1.0890 level as the bottom, the relevant increases are limited to the 55-period average (1.0970) each time. In an environment where the Buyer - Seller struggle is striking, permanent movements outside the 1.0890 - 1.0970 levels are needed for clearer movements. However, under this condition, the 1.1145 peak or the 1.0715 bottom point may occupy our agenda. Otherwise, it may want to continue the decision-making process by following a tight course within the 1.0890 - 1.0970 levels for a while longer. The EURUSD parity is in the decision-making phase within the 1.0890 - 1.0970 levels. Support: 1.0890 – 1.0850 Resistance: 1.1090 – 1.1145