Market Daily Update 05 July 2023
EUR/USD Intraday: capped by a negative trend line. Pivot: 1.0890 Our preference: Short positions below 1.0890 with targets at 1.0850 & 1.0835 in extension.Alternative scenario: Above 1.0890 look for further upside with 1.0905 & 1.0925 as targets. The break below 1.0890 is a negative signal that has opened a path to 1.0850. USD/JPY Intraday: further advance. Pivot: […]
