Market Update May 25/2023
EUR/USD Intraday: the downside prevails. Pivot: 1.0765 Our preference: Short positions below 1.0765 with targets at 1.0710 & 1.0690 in extension. Alternative scenario: Above 1.0765 look for further upside with 1.0785 & 1.0800 as targets. Comment: The RSI advocates for further decline. USD/JPY Intraday: the bias remains bullish. Pivot: 139.10 Our preference: Long positions above 139.10 with […]
