Intraday news and views – EUR/USD

AceTrader Team AceTrader

Intraday market moving news and views

Update Time: 27 May 2022 05:30GMT.

EUR/USD outlook - 1.0757

Euro's present firm break of Tuesday's 1-month high at 1.0748 (now sup) confirms recent upmove from May's 1.0350 bottom has finally resumed and would head to 1.0795/00, loss of momentum is likely to cap price below 1.0807 n yield retrace. of said rise later.

For short term trade, hold long for 1.0795 and sell for day trade.
Below 1.0731 (New York top) signals top, 1.0703/05.

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AceTrader Team

AceTrader

Led by world-renowned technical analyst Wilson Leung, we have a team of 7 analysts monitoring the market and updating our recommendations and commentaries 24 hours a day.

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GBP/USD clings to gains above 1.3600

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