Indicator analysis: Daily review of EUR/USD on May 23, 2023
Trend analysis (Fig. 1). The market may move downward from the level of 1.0811 (closing of yesterday’s daily candle) to test 1.0760, the lower fractal (red dotted line). From here, an upward movement is possible with the target at 1.0808, the 14.6% pullback level (red dotted line). When testing this level, the price may move […]