Skip to content 
Instrument: EURUSD
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 1.15757 with take profit at 1.15879.
Bearish Preference:
Sell position is envisaged if price trades below 1.15441 with take profit at 1.15370.
Fundamentals:
EUR French Bank Holiday
Italian Bank Holiday
USD 3:00pm ISM Manufacturing PMI
Comment: EUR/USD remains sidelined around 1.1550, following the heaviest daily fall since mid-June, heading into Monday’s European session. Having witnessed the European Central Bank’s (ECB) failed attempt to hide hawkish intentions, the market turns towards the US Federal Reserve (Fed) with high hopes of tapering hints.
Analysis: SCRUM Team
