Market Daily Update 27 July 2023

EUR/USD Intraday: bullish bias above 1.1075. Pivot: 1.1075 Our preference: Long positions above 1.1075 with targets at 1.1125 & 1.1145 in extension. Alternative scenario: Below 1.1075 look for further downside with 1.1055 & 1.1035 as targets. Comment: The RSI shows upside momentum. USD/JPY Intraday: capped by a negative trend line. Pivot: 140.40 Our preference: Short positions below […]