Daily Market Analysis 18/10/2021: EURUSD
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.16060 with take profit at 1.16100. Bearish Preference: Sell position is envisaged if price trades below 1.15932 with take profit at 1.15893 Fundamentals:2:15PM USD: Industrial Production m/m Comment: The safe-haven US Dollar has recently lost momentum against major currency pairs as fundamentals continue to weigh on …