EURUSD

As we start a new week, our main focus will be on the US CPI on Wednesday, April 10, the ECB meeting on Thursday, April 11, and the UK Growth data on Friday, April 12. While the European Central Bank is not expected to change current interest rates at this meeting, we will be following whether we will receive a signal of a possible interest rate cut for June from ECB President Lagarde's speech. On the inflation front, despite the partial decrease in the Core CPI, the rigidity in the Headline CPI continues. In an environment where especially rental/housing costs are drawing attention, the possible impact of Brent Oil, which reached $91, on transportation and the negative impact it will provide on the inflation side should be followed carefully in terms of whether the data results will create additional pressure on the Fed. The 1.0833 level can be followed in intraday upward movements. If this level is exceeded, the 1.0843, 1.0855 and 1.0865 resistances may become important. In case of possible pullbacks, 1.0822, 1.0812 and 1.0801 will be monitored as support levels. Support: 1.0812 – 1.0801 Resistance: 1.0855 – 1.0865