Daily Market Analysis 28.07.2022: EURUSD

Instrument: EURUSD

Technical Analysis

Bullish Preference:  
Buy position is envisaged if price trades above 1.02070 with take profit at 1.02218
Bearish Preference: 
Sell position is envisaged if price trades  below 1.01741 with take profit at 1.01586
No major fundamental

Dollar Slips as Traders Weigh Powell Comments on Future Rate Hikes The dollar lost ground on Thursday as investors digested an as-expected 75 basis point interest rate rise by the Federal Reserve and eyed comments about potential future hikes.

Analysis: SCRUM Team

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