Instrument: EURUSD
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 1.13336 with take profit at 1.13424.
Bearish Preference:
Sell position is envisaged if price trades below 1.13141 with take profit at 1.13043.
Fundamentals:
No Major Fundamental
Comment: EUR/USD grinds higher past 1.1300, picking up bids to 1.1325 during early Monday morning in Europe. In doing so, the major currency pair prints daily gains for the first time in three as the US Dollar Index (DXY) tracks downbeat T-bond yields amid a sluggish holiday period.
Analysis: SCRUM Team
