ANALYSIS
NQ100 Finds Support from PPIApr 14
EURUSD:Parity Is Trying to Recover with Reactions
Following the NFP data in the USA, the possibility of another 75 basis point tightening of the FED put the parity under pressure. However, the day we left behind, investor confidence in the Euro Zone showed a limited recovery compared to the previous month. Technically, the parity, which has made the channel change, will be closely followed by the 1.0190 level, which is indicated by the 100-period simple moving average. If it persists above here, the reactions may continue up to 1.0270 then 1.0310 resistance. If the possible 1.0190 is passed under pressure, the 1.0145 support can be followed by the market players.
