EURUSD Analysis 03-October-2024
Today, the global agenda is relatively calm. On this calm day, we are generally watching a horizontal outlook in pricing. While the dollar index maintains its strength, there are ups and downs in the stock markets. We will follow the ISM services PMI data in the US for the rest of the day.
The selling pressure we expect below 1.12 continues in the EUR/USD parity. At this stage, 1.10 support will be important. If this support is broken, we expect the pressure on the parity to increase towards 1.0960.
As long as 1.12 is not exceeded above, increases may provide a selling opportunity.
| Resistance | 1.1080 | 1.1130 | 1.1200 |
| Support | 1.1000 | 1.0960 | 1.0920 |
