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EURUSD

EURUSD
EURUSD
In the pair today, pricing is shaped in line with expectations regarding global monetary policies following the Bank of Japan decisions and data to be released on the U.S. side. While the BoJ keeping the interest rate constant and the core inflation data coming in above expectations increase uncertainties regarding the global interest rate outlook, they create indirect effects on the dollar index. Consumer confidence and employment data to be released in the U.S. later in the day will be decisive in terms of the direction of the dollar. Additionally, the speech by ECB President Christine Lagarde could increase volatility on the Euro side. Within this framework, selling-pressured pricing within a horizontal band range is expected.
Support
1,1671– 1,1603
Resistance
1,1711– 1,1757

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