Comments from European Central Bank(ECB) officials continue to be effective on the pair side. Finally, the President of the Central Bank of Lithuania's speech that quantitative monetary expansion should not continue after December has led to upward attacks on the currency side despite recent political uncertainties in Germany. On the US side, the new home sales data we have followed yesterday is above expectations, while developments in trade wars are closely monitored. The latest US President Donald Trump announced that he could impose import tax on cars of EU origin, raising tensions between the two regions. Future statements should be followed closely today. In today's economic calendar; Conference Board consumer confidence and S&P/CS housing price index data from the United States, as well as comments from fed and ECB officials will be followed.Technically, if we look at the parity, the resistance of 1.1730 will be critical in the continuation of the upward test, which corresponds to the upper band of the falling channel that we have followed for about 2 months. If this is crossed, 1.1840 level can be targeted in the pair. For the moment, the price of 1.1710 immediately above the 1.1710 level can be followed by possible retracement of 1.1685, 1.1655, 1.1630 and 1.1610 support points.
