ANALYSIS
NQ100 Finds Support from PPIApr 14
1.4410 Will Be Decisive In EURCAD
While the data, indicating that the economy of the European Region will not enter into a dramatic recession in the last quarter as previously predicted, brought demand for the euro, it is seen that the parity is heading towards the recovery channel. At this point, 1.4410 is at the reference support position. As long as permanence is provided above here, the probability of the parity reaching 1.4520 after 1.4480 will remain high. In case of possible declines below 1.4410; 1.4375 and 1.4335 supports can be followed.
