The ongoing refugee crisis between the Christian Union bloc (CDU and CSU parties), one of the largest partners of the German coalition, remains uneasiness over Euro assets. Especially in recent days, statements made after the meeting by Prime Minister Angela Merkel and CDU Parliamentary Group President Volker Kauder show that there is no agreement on immigration policy. Explanations that may come today or in the following days can be directly effective on the parity, so it is useful to follow carefully. On the US side, both China and the EU trade wars were followed, while yesterday, FOMC Member Eric Rosengren's statements were followed. Rosengren pointed out that more risks could be taken if they had met expectations in inflation. On the other hand, recent data from the country show complexity, while the eyes will be in the next growth figures today. In the European economic calendar, Germany's leading CPI and GFK consumer confidence data, as well as the leaders summit and ECB monthly report will be followed as important agenda items.Technically speaking, we saw movement towards 1.1530 support yesterday with retracements that started again with the failure of the critical 1.1730 resistance. Resistance levels 1.1580, 1.1610 and 1.1630 can be followed as a continuation of the upward trend. If the 1.1530 level breaks again with downward movements, 1.1510 support will be critical, cutting the upward trend that started 1.5 years ago. Because breaking this place can lead to the continuation of sales pressure on the parity.
