Preferred direction: BUY
Comment: The previous trading idea reached its target, namely the support at 1.09000. Now the opposite direction is expected, namely a resumption of growth in the main competitors of the US dollar.
Most likely, growth will begin at current prices, after US earnings data were published. The target of growth is to update the current high.
A less likely scenario is that there will be a slight drawdown downwards, forming a false downward movement, and then the same growth towards the specified goals.
Thank you for like and share your views!
Comment: The previous trading idea reached its target, namely the support at 1.09000. Now the opposite direction is expected, namely a resumption of growth in the main competitors of the US dollar.
Most likely, growth will begin at current prices, after US earnings data were published. The target of growth is to update the current high.
A less likely scenario is that there will be a slight drawdown downwards, forming a false downward movement, and then the same growth towards the specified goals.
Thank you for like and share your views!
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