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Instrument: EURUSD
Technical Analysis
Bullish Preference:
A Buy position is envisaged if price trades above 1.21237 with a take profit at 1.21895.
Bullish Preference:
A Sell position is envisaged if price trades below price 1.20399 with take profit at price 1.20090.
Fundamentals:
EUR: Final Manufacturing PMI (10:00am)
EUR: Italian Prelim CPI m/m (11am)
USD: FOMC Member Williams Speaks (3pm)
USD: Final Manufacturing PMI (3:45pm)
Comment: Federal Reserve FOMC members vote on where to set the nation’s key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy
More so from the EUR zone, Survey of about 200 purchasing managers which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories
