ANALYSIS
NQ100 Finds Support from PPIApr 14
EURUSD:Continuation of Upward Attacks is Possible in Parity
The easing of the dollar seen continues to boost the parity despite growing worries about the US recession. On the other hand, the hawkish statements of the European Central Bank (ECB) members, with the rise in inflation expectations for the Euro Zone, also support euro-denominated assets. Technically speaking, the EURUSD parity, which continues its upward erosion on the first trading day of the week, can bring the 1.0665 resistance to the target position if it can break above the 1.0625 level with permanent closes. In case of possible downward movements in the parity, the support levels of 1.0540 and then 1.0500 can be followed by market players.
