Daily Market Analysis 07|09|2020: EURUSD

Instrument: EURUSD Intraday: BULLISH Technical Analysis Preference:  Buy position is envisaged if price trades above 1.18682 with take profit at 1.19059 Alternative scenario: Sell position is envisaged if price trades below 1.18222 with take profit at 1.17947 Fundamentals:No major economic data with bearing on the pair. Comment:  The broader sentiment on the greenback remain weak as Powell reiterated the …

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