Buy position is envisaged if price trades above 1.17388 with take profit at 1.17482.
Sell position is envisaged if price trades below 1.17105 with take profit at 1.17015.
Fundamentals: 3:00pm USD Fed Chair Powell Speaks
Comment: The dollar hovered above a one-week low versus major peers on Friday, taking a breather after its biggest drop in almost a month overnight, as questions lingered about the fate of property developer. European shares slipped on Friday but held their gains for the week as uncertainty around the fate of debt-ridden China Evergrande weighed on investor sentiment.
Analysis: SCRUM Team