EURUSD

If the EUR/USD pair declines to 2.2% in line with expectations from the Eurozone CPI data to be announced today, realizations may be seen. Along with the downward trend in inflation, the expectation of a decrease in the interest rate from 2.65% to 2.40% at tomorrow's ECB meeting is putting selling pressure on the Euro. Today's retail sales data from the US (expectation: 1.4%) and Powell's speech in the evening are other important factors that will affect the pair. Technically, as mentioned yesterday, evaluating buying positions based on the upward trend is deemed appropriate, considering the support levels. The ECB decision tomorrow will be decisive in determining the direction for EUR/USD in the short term.