Market Update 23/8/23

EUR/USD Intraday: consolidation. Pivot: 1.0870 Our preference: Short positions below 1.0870 with targets at 1.0830 and 1.0810 in extension. Alternative scenario: Above 1.0870, look for further upside with 1.0890 and 1.0910 as targets. Comment: As long as the resistance at 1.0870 is not surpassed, the risk of a break below 1.0830 remains high. USD/JPY Intraday: the […]