ANALYSIS
NQ100 Finds Support from PPIApr 14
EURUSD Maintains its Uptrend Potential
Yesterday, we saw that the euro received demand against the dollar, as ECB President Christine Lagarde stated that they are determined to bring inflation to the medium-term target of 2 percent and that they plan to raise interest rates further for this. In addition, the hopes that the FED will soften in tightening the monetary policy also support the parity by lowering the dollar. At this point, the 1.0420 level will be followed closely in the EURUSD parity, where the channel movement continues. If it can be passed over here permanently, the 1.0465 resistance can be attached to our radar. In possible retreats, 1.0300 support can be followed.
