Daily Market Analysis 11/08/2021: EURUSD
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.17277 with take profit at 1.17407. Bearish Preference: Sell position is envisaged if price trades below 1.16992 with take profit at 1.16837. Fundamentals:1:30pm USD CPI m/m USD Core CPI m/m Comment: The dollar strengthened in early European trading Wednesday, extending …