Daily Market Analysis 17|05|2021: EURUSD

Instrument: EURUSD Technical Analysis Bullish Preference: A buy position is envisaged if price trades above price 1.21532 with take profit at price 1.21621. Bearish Preference: A sell position is envisaged if price trades below price 1.21228 with take profit at price 21121. Fundamentals:None with high impact.  Comment:  The recent rally in EUR/USD appears to have stalled ahead of the …

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