The Downward Trend May Continue in EURUSD



Today, with the consumer price index in the EuroZone reaching a record high of %9.1 on an annual basis in August, the impact of the losses in the euro on the parity began to be felt more strongly with the strong outlook of the US dollar. Technically, we continue to monitor the 0.9900 level in the parity prepared to carry out the channel change. In permanent transitions below here, the 0.9865 support indicated by the Fibonacci %61.8 exp. line can enter our radar. In upward trials that may be experienced, psychological 1.0000 can be followed.