EURUSD

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EURUSD

For EURUSD, we have followed a volatile process with macroeconomic indicators that we have been monitoring throughout the week, but where positive pricing reactions are at the forefront. When we evaluate the EURUSD parity in the short term, it follows a profile that has ended its negative trend as a result of recent movements. While the 1.0790 - 1.0805 region, where the 55-period exponential moving average is also located, is important, the parity may want to adapt to its new positive outlook in the relevant region. With this in mind, an increase can be observed towards the levels of 1.0850, 1.0895 and 1.0930. In particular, permanent movements above 1.0855 may further strengthen the current positive desire. Otherwise, pressure may occur towards the short-term indicator. It should not be forgotten that permanent movements below the 1.0790 - 1.0805 region are needed. However, under this condition, a new pricing reaction can be observed towards the 1.0695 bottom point. Support: 1.0790 – 1.0755 Resistance: 1.0855 – 1.0930