Daily Market Analysis 18|05|2021: EURUSD
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.22136 with take profit at 1.22270. Bearish Preference: Sell position is envisaged if price trades below 1.22021 with take profit at 1.21915. Fundamentals:No Major Fundamentals Comment: European stock markets traded higher Tuesday, helped by promises of continued Federal Reserve largesse along with better than expected U.K. …