EURUSD

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EURUSD

We started the week with the theme of strong Dollar, weak Euro and Sterling. Although this theme brings short-term negative thinking to the agenda on the EURUSD and GBPUSD side, the Classic Dollar Index is not yet moving in the same thought. In the macro framework, our focus on indicators is Non-Farm Employment from the USA, CPI from the Euro Zone, and Fed, BoE and BoJ can be explained as critical headings in the Central Bank theme. Today, CPI from Germany and Conference Board (CB) Consumer Confidence and Job Openings and Labor Turnover Rate (JOLTS) data results from the USA can be followed. The daily gain for the parity, which closed at 1.0823 on the previous trading day, was 0.01%. The RSI indicator for the parity, which is below its 20-day moving average, is at 48.04, while its momentum is at 99.23. The 1.0816 level can be followed in intraday downward movements. If this level is dropped, the 1.0808 and 1.0801 supports may become important. In possible increases, 1.0830 and 1.0838 will be monitored as resistance levels. Support: 1.0816 - 1.0808 Resistance: 1.0830 - 1.0838