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Recently, the Dove toned remarks from European Central bank officials put pressure on euro assets, while finally the President of the Federal Reserve and ECB Member Jens Weidmann said they would continue to remain expansionary in monetary policy even after net asset purchases have ended. Weidmann also argued that there are some difficulties in achieving inflation but that they will eventually reach the target level. On the other hand, reports from countries with troubled economies such as Italy and Spain have caused fluctuations in Euro assets, while Italy's Economy Minister Giovanni Tria said that they were behind his promise to stay in the euro, and the euro side has been repressed during the day. On the US side, as yesterday, as well as today, complex data are being monitored and developments in trade wars are being monitored. The rest of the day will be followed by news feeds as well as bond market movements and technical pricing.In this context, technically, we see recovery movements on the opposite side after the 1.505 support level could not be broken. Currently, prices above 1.1580 can be followed by resistance levels of 1.1610, 1.1630, and 1.1685, along with persistence of the above. Retracement support 1.1580, 1.1555 and 1.1520 can be followed before 1.1505 support level.
