ANALYSIS
NQ100 Finds Support from PPIApr 14
Losses continue in EURUSD
Russian invasion of Ukraine increases inflation forecasts in Europe and the expectations that the European Central Bank will not be as hawkish as expected as a results of the second meeting of the year, which will end soon, put pressure on the pair. US consumer prices data will also be effective on EURUSD. Technically, the pair is bearish in the minor channel pattern and if it breaks 1.0940, we will follow 1.0900 support. On the other side, 1.1075 resistance will be our target above.
