Yesterday, while monitoring the complex data from Europe, President Giuseppe Conte drew attention to the positive statements of the Government formed by two parties known as populist discourses in Italy. On the other hand, the uncertainties in Spain's political arena are followed, while expectations for this month's meeting of the European Central Bank are very important in terms of pricing. The latest claim on this subject is that at the June meeting, the ECB may not announce the expiry date of the bond buying program, or that the next meeting may signal that this could be determined. On the US side, yesterday's economic data was mostly positive. On the other hand, the tension in the USA after the abolition of the additional customs duty exemption imposed on the European Union and many countries continued, while the White House economy Chief Lary Kudlow, Trumpp's rhetoric on NAFTA and China shows that the crisis will continue for a while longer. These issues will be discussed at the Fed/FOMC meetings next week. In addition to these important news streams to be followed from both regions today, Peter praet, ECB's Board member and US economic data should also be monitored. Technically, we have seen that the 1.1730 zone, which is the refractive depiction zone of the channel that has been going on for 1,5 months, could not be passed yesterday. Once again, it is important for the continuation of the euro-denominated movements to go through this level with persistence. The support points that can be followed in favor of the USD, which can be seen in permanency under 1.1730, are at 1.1710, 1.1685 and 1.1655 levels. On this side, persistence below 1.1655 may cause resale pressure in the pair.
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