EURUSD

The EUR/USD pair reacted positively following a pullback in the index after the Classic Dollar Index approached its October 2023 peak. Today, attention is focused on inflation data from the UK as well as statements from ECB President Lagarde and Fed officials. The Dollar Index's movement in the 103.25 - 103.90 range supports a positive outlook, but maintaining levels above 107 could indicate higher levels.

The pair is currently trading near the 1.0600 resistance level on the 1-hour chart. In downward movements, the 1.056 and 1.0525 levels can be monitored as support. The RSI indicator is at 46, showing a neutral trend. The pair recorded a 0.07% decline compared to the previous day. In this context, if the price surpasses the 1.0600 level, resistance levels of 1.0638 and 1.0675 can be targeted.