Strifor || EURUSD-24/04/2024
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Preferred direction: BUY
Comment: The long-awaited growth in the euro, which we considered and held the position for two weeks. Most of the potential growth has been spent. Buyers still dominate and buy off sales in the market. Most likely, there will be another shot upward towards the level of 1.08000. However, we limit ourselves to the target at the level of 1.07500.
We highlight two scenarios (see chart). Today, just like yesterday, we are waiting for a lot of statistics from the EU and especially the US, against the backdrop of which the expected upward movements may act.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
Comment: The long-awaited growth in the euro, which we considered and held the position for two weeks. Most of the potential growth has been spent. Buyers still dominate and buy off sales in the market. Most likely, there will be another shot upward towards the level of 1.08000. However, we limit ourselves to the target at the level of 1.07500.
We highlight two scenarios (see chart). Today, just like yesterday, we are waiting for a lot of statistics from the EU and especially the US, against the backdrop of which the expected upward movements may act.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
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