EURUSD

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EURUSD

For EURUSD, the negative PMI data observed on the European front on the fourth trading day of the week, and the optimistic data set on the US front caused the Classic Dollar Index to reverse the Fed move on Wednesday evening. In a process where we had to make statements that the negative trend ended / continues due to the fluctuations it created around the 34 and 100-day averages, we are observing that the index has moved out of the trend and returned to positive optimism in light of the recent movements. When we evaluate the EURUSD parity in the short term, it did not create a willing course to enter the uptrend. The parity, which is under pressure at the current trend area of 1.0930, is trying to adapt to the new negative outlook. In this respect, the pressure may continue as long as the parity remains below 1.0930. While the levels of 1.0825, 1.0795 and 1.0745 will occupy our agenda, the question of whether there will be a reaction purchase at 1.0795 or a new negative trend rally may also want to find an answer. Support: 1.0825 – 1.0795 Resistance: 1.0875 – 1.0930