Market Daily Update May 30- 2023

EUR/USD Intraday: under pressure. Pivot: 1.0730 Our preference: Short positions below 1.0730 with targets at 1.0675 & 1.0650 in extension. Alternative scenario: Above 1.0730 look for further upside with 1.0745 & 1.0760 as targets. Comment: The RSI shows downside momentum. USD/JPY Intraday: continuation of the rebound. Pivot: 140.00 Our preference: Long positions above 140.00 with targets at […]