EURUSD May Bring Psychological 1.0000 Level to the Agenda



As the European Statistical Office (Eurostat) reported on the day we left behind; The weakening of the euro continues, with consumer inflation in the Eurozone renewing its peak at 8.9 percent on an annual basis in July. On the other hand, the parity, which turns to the downward path with the appearance of the dollar, can regress to the psychological 1.0000 support if it passes behind the 1.0035 level permanently. In possible upside trials, there may be a stabilization zone of 1.0120 – 1.0160.