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Instrument: EURUSD
Technical Analysis
Bullish Preference:
Buy position is envisaged if price trades above 1.13318 with take profit at 1.13421.
Bearish Preference:
Sell position is envisaged if price trades below 1.12967 with take profit at 1.12840.
Fundamentals:
No Major Fundamental
Comment: EUR/USD pares daily losses around 1.1320, despite fading bounce off intraday low, during the early Friday morning in Europe. In doing so, the major currency pair remains inactive amid a lack of major data/events and mixed catalysts as traders brace for 2022.
Analysis: SCRUM Team
