ANALYSIS
NQ100 Finds Support from PPIApr 14
EUR is showing a weak performance
Although the pair has slightly recovered ahead of the ECB meeting, ZEW economic sentiment data was well below the forecasts and US long-term treasuries are still high, leading to decreases in the index. In addition, US CPI, which will be released today at 14:30 (GMT+2) will be closely follow. Technically, the pair has completed the descending minor pattern and if it breaks 1.0835, we will follow 1.0800. On the other h and, 1.0900 and 1.0935 will be our targets.
