Yesterday, U.S. Commerce Minister Wilbur Ross said that they have made progress with the EU, but not enough for exemption from tariffs. Ross also said negotiations could be held if any party retaliated. Following these decisions from the USA, the EU will also respond, while developments on the issue will be followed today. On the other hand, there have been significant developments in the coalition talks of Italy, which have recently been repressed by Euro assets. The five-star movement and the northern League parties, vetoed by the anti-EU Minister polemic, have agreed on the Cabinet before, while the new cabinet is re-agreed; a moderate name for the finance ministry indicates that the Coalition can be formed today. Although the euro zone has not yet turned into a crisis, the potential effects of Deutsche Bank's US operations are also being monitored as problematic by the FED. Finally, the Credit Rating Agency reduced the S&P Bank's Credit Rating from a to BBB+. On the US side yesterday, while significant data is mostly over expectations, the eyes will be in critical employment data, which will be announced by the U.S. business Statistics Bureau today. On the day that PMI data of both regions will be monitored, important news feeds can also be effective on pricing.Technically, it is observed that the channel, which has been going on for about 1.5 months, has been protected by the inability to pass 1.1730 critical resistance, despite the rise in the last two days. If this level is below 1.1630, 1.1610 and 1.1580 Support levels can be followed in the first place. We can watch the resistance of 1.1685, 1.1710 and 1.1730 again in the uptrend, which can be seen today with persistence on 1.1655.
