Instrument: EURUSD
Technical Analysis
Bullish Preference:
A buy position is envisaged if the price trades above 1.08763 with take profit at 1.08913
Bearish Preference:
A sell position is envisaged if the price trades below 1.08399 with take profit at 1.08260
Fundamentals:
None with High Impact
Comment:
European stock markets traded higher Wednesday, with UBS leading the banking sector higher after the Swiss lender recruited a former boss to lead the Credit Suisse integration.
Analysis: SCRUM Team