Instrument: EURUSD
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 1.02070 with take profit at 1.02218
Bearish Preference:
Sell position is envisaged if price trades below 1.01741 with take profit at 1.01586
Fundamentals:
No major fundamental
Comment:
Dollar Slips as Traders Weigh Powell Comments on Future Rate Hikes The dollar lost ground on Thursday as investors digested an as-expected 75 basis point interest rate rise by the Federal Reserve and eyed comments about potential future hikes.
Analysis: SCRUM Team