EURUSD
The EUR/USD pair may be influenced this week by significant economic data, including CPI figures from Germany and the Eurozone, third-quarter growth data from the US, and the Fed's inflation indicator, the PCE data. Additionally, the FOMC meeting minutes will be in the spotlight for investors. It should also be noted that markets will be closed due to the Thanksgiving holiday in the US. The Dollar Index reaching the 107.65 level is forming an important reference point in the forex markets, and movements at this level may influence the direction of the EUR/USD pair.
Technically, the EUR/USD pair is moving close to the resistance level of 1.052. In downward movements, the levels of 1.0438, 1.039, and 1.036 can be monitored as support. While the pair heads towards the 1.0438 support, upward reactions can follow resistance levels of 1.052, 1.056, and 1.060. The RSI indicator is at 47, indicating a neutral outlook. A pullback of 0.59% is observed in intraday movements.
Support :
Resistance :