Daily Market Analysis 21/10/2021: EURUSD
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.16473 with take profit at 1.16664. Bearish Preference: Sell position is envisaged if price trades below 1.16331 with take profit at 1.16200. Fundamentals:1:30pm USD Unemployment Claims. Comment: Commodity currencies stood near multi-month highs, with strong raw material prices and increasing risk sentiment turning investors away from …