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Daily Market Analysis 13.09.2023: EURUSD

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Instrument: EURUSD

Bullish Preference: 
A buy position is envisaged if the price trades 1.07567 with take profit at 1.07608
Bearish Preference: 
A sell position is envisaged if the price trades below 1.07151 with take profit at 1.07093
Fundamentals:
1:30pm USD Core CPI m/m
             USD CPI m/m
             USD CPI y/y

Comment: 
European stock markets weakened Wednesday after the U.K. contracted by more than expected in July, while investors braced for key U.S. inflation data.

Analysis: SCRUM Team

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