Market Daily Update May 16th, 2023
EUR/USD Intraday: the upside prevails. Pivot: 1.0855 Our preference: Long positions above 1.0855 with targets at 1.0890 & 1.0910 in extension. Alternative scenario: Below 1.0855 look for further downside with 1.0840 & 1.0820 as targets. Comment: The RSI shows upside momentum. USD/JPY Intraday: the upside prevails. Pivot: 135.70 Our preference: Long positions above 135.70 with targets at […]
