Daily Market Analysis 27.05.2022: EURUSD
Instrument: EURUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.07366 with take profit at 1.07525 Bearish Preference: Sell position is envisaged if price trades below 1.06889 with take profit at 1.06711 Fundamentals:1:30pm USD Prelim GDP q/q Comment:The United States dollar index (DXY) retreated broadly from its prevailing bull run in the past two weeks, dropping by up to 3.20% after hitting …
