Daily Market Analysis 16/12/2021: EURUSD
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.13103 with take profit at 1.13197. Bearish Preference: Sell position is envisaged if price trades below 1.12903 with take profit at 1.12817. Fundamentals:1:45pm EUR Main Refinancing RateEUR Monetary Policy Statement2:30pm EUR ECB Press Conference Comment: European stock markets traded sharply higher Thursday, with investors reacting positively …