Market Update 5th June 2023
EUR/USD Intraday: under pressure. Pivot: 1.0730 Our preference: Short positions below 1.0730 with targets at 1.0680 & 1.0665 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: bullish bias above 139.80. Pivot: 139.80 Our preference: Long positions above 139.80 with targets at 140.30 & […]
