EURUSD

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EURUSD

In the first week of June, we will meet critical data such as the monetary policy decisions of central banks such as the ECB and BoC, the Purchasing Managers Index (PMI) for the Services and Manufacturing sectors from China, the Eurozone, the UK and the US, ADP Private Sector and JOLTS employment developments, and finally Nonfarm Payrolls and Average Hourly Earnings. For this reason, we will have a quick start to a critical month for financial assets. When we focus on today, we will focus on the Purchasing Managers Index, or Manufacturing PMI, for the Manufacturing sector. The ISM Manufacturing PMI data that we will reach in the second half of the day from the US may have an impact on the Dollar Index and parities in the instant outlook. The 1.0849 level can be followed in intraday downward movements. If this level is dropped, the supports at 1.0847, 1.0839 and 1.0832 may become important. In possible increases, 1.0861, 1.0868 and 1.0875 will be monitored as resistance levels. Support: 1.0847 - 1.0839 Resistance: 1.0861 - 1.0868