EURUSD Analysis 10-September-2024

We see that the pressure that started at the 1 12 level in the EURUSD parity continues Although prices fluctuate in the short term, the pressure continues in the general outlook. Tomorrow and Thursday will be critical days for the parity We will follow the US inflation tomorrow and the ECB interest rate decision on Thursday There is an expectation of an interest rate cut from the ECB. We are watching 1.10 as the critical support area in the parity below If there is a break in this area, we expect the pressure to increase. As long as the 1.1140 resistance is not passed above, we expect the outlook to remain down and the increases to provide a selling opportunity.