EURUSD:Parity May Sustain Rebounds



At the critical July meeting of the European Central Bank (ECB), which will be completed tomorrow, recovery was seen in parity with the pricing of the expectations that it will raise interest rates for the first time in 11 years. The fact that there is no longer a 100 basis point increase in interest rates in the USA is supported by the moderate easing in the dollar. Technically, the 1.0290 level will be closely watched in the pair, which is approaching the Fibonacci 50.0 percent retracement line. 1.0340 can stand out in permanent transitions above this point. If it is below, 1.0200 and 1.0160 supports may come to the fore.