Market Update 10 July 2023

EUR/USD Intraday: bullish bias above 1.0930. Pivot: 1.0930 Our preference: Long positions above 1.0930 with targets at 1.0975 & 1.0990 in extension. Alternative scenario: Below 1.0930 look for further downside with 1.0915 & 1.0900 as targets. Comment: Even though a continuation of the consolidation cannot be ruled out, its extent should be limited. USD/JPY Intraday:rebound. Pivot: […]