EURUSD takes a breather

U.S. Dollar and Dollar index are strengthening in global markets, Euro assets are being suppressed in the Euro area, where there is limited data flow. Technically, the parity increased below 50-period weighted average and now, it is testing the ascending trend in this area. Later on, the parity, which we think is in a resting process, may have a desire to move in the direction of the current trend by getting reaction from this area. In this context, 1.1135 level, which is marked by the 50-period weighted moving average, will be the first level on our radar. If this level is exceeded, the responses can increase in volume and bring the critical barrier level 1.1175 back again. If 1.1135 level is not exceeded, we expect the weak course to continue.