Forex EUR/USD Daily Video, May 02, 2023

[Sive Morten]

Good morning,

Yellen announcement of the US technical default in June has crashed intraday bullish context. While bears have chances to position taking, bulls have to sit on the hands and wait when this situation will be resolved:

 

[minimax]

I think we are C Flat in Y (https://www.forexpeacearmy.com/comm...ro-weekly-april-24-28-2023.79992/#post-442572) to establish B for up.. just sold on 50%, SL=BE already because if up it will be fast.. it is possible just to W&R at 62% target but I think we go deeper..