EURUSD Pair Trades Near This Year Low Of 1.1663

EURUSD Pair Trades Near This Year Low Of 1.1663

EURUSD Pair Trades Near This Year Low Of 1.1663

EURUSD: In the parity, where there are downward trends, we observe this decline scenario in the new week. We can expect high volatility due to the effect of the FED meeting to be held this week. President Powell's signals about the economy may create value increases on the dollar side. If the downtrend in EURUSD continues, if the price breaks the 1.1664 support level, it may decline to 1.1515. However, in possible upward movements, the price may reach the resistance level of 1.1797.