Forex EUR/USD Daily Video, May 10, 2023

[Sive Morten]

Good morning,

With the US Debt ceil situation is becoming tougher - traders watch in favor of USD for protection, pushing EUR/USD lower. Context now is bearish and we consider few downside targets, starting with 1.0928 as potential destination points:

 

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IMO we are already turned down with high @ 1,09826, but move up would not surprise me..

 

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On H4 top could be in but lower TFs are bullish above @1,09723..

 

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Really?

 

[davedubai]

IMO we are already turned down with high @ 1,09826, but move up would not surprise me..
View attachment 83719

That was on dot.

 

[davedubai]

On H4 top could be in but lower TFs are bullish above @1,09723..
View attachment 83729

The journey up started now... 1.09835 ...

 

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