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Instrument: EURUSD
Technical Analysis
Bullish Preference:
A Buy position is envisaged if price trades above 0.99898 with take profit at 0.99992
Bearish Preference:
A Sell position is envisaged if price trades below price 0.99641 with take profit at 0.99546
Fundamentals:
All Day Jackson Hole Symposium3:00pm USD Fed Chair Powell Speaks
Comment:
The U.S. dollar pushed higher in early European trade Friday ahead of Federal Reserve Chair Jerome Powell’s eagerly-awaited speech at the central bank’s Jackson Hole gathering, which could provide more clues on future policy tightening.
Analysis: SCRUM Team
