ANALYSIS
NQ100 Finds Support from PPIApr 14
Gaining Will Possibly Continue in EURUSD
Due to the official holiday in the USA, there is a decrease in volume transactions in the markets. On the other hand, the fact that the economic confidence index for the Euro Area was announced by 105.0 points in May, above the market expectations, also supports the euro. After the channel change in the previous week, the recovery accelerated with the transactions in favor of the euro today, if a permanent transition can be made above the 1.0800 level, the gains can continue until the resistance of 1.0845, the highest level of a month. Otherwise, after the 1.0715 level, the 1.0680 support will be followed.
