EURUSD

On the currency pair front, investors' focus is on developments regarding the European economy and German trade balance data. The strong Chinese trade data released during the Asian session has supported global growth expectations while contributing to the stabilization of risk appetite in the markets. Later in the day, the US housing market data to be released is among the developments that could increase volatility in the dollar index. When examining the technical outlook, while the downward pressure on the pair is seen to continue, it is considered that prices may maintain their tendency to pull back towards support zones.