EURUSD

Markets are focused on the expected ECB interest rate cuts on April 17. While the ECB is expected to lower the deposit rate from 2.50% to 2.25% and the main interest rate from 2.65% to 2.40%, Powell's speech on April 16 and US inflation data will be decisive for the parity. The expectation of a drop in the Philadelphia Fed Manufacturing Index from 12.5 to 3.1 indicates signs of a slowdown in the US economy, which could increase volatility for the dollar. Since the bullish trend continues technically, it is deemed appropriate to carry out transactions based on support levels. Due to the markets being closed on Friday, strategies for Thursday need to be determined today.