Market Update May 15-2023
EUR/USD Intraday: key resistance at 1.0900. Pivot: 1.0900 Our preference: Short positions below 1.0900 with targets at 1.0840 & 1.0820 in extension. Alternative scenario: Above 1.0900 look for further upside with 1.0935 & 1.0970 as targets. Comment: As long as the resistance at 1.0900 is not surpassed, the risk of a break below 1.0840 remains high. […]
