Strifor || EURUSD-28/03/2024
Preferred direction: BUY
Comment: Today and tomorrow are the most active days in terms of the economic background. We continue to expect a medium-term reversal of the US dollar and continue to accumulate long positions against the American currency. Previously, we highlighted two scenarios for EURUSD, where scenario №1 is already in progress. But there remains a high probability of a short-term strengthening of the US dollar, in connection with this scenario №2 for the EURUSD currency pair remains, and we are waiting for a likely approach to the level of 1.07600.
The first growth target is located at the level of 1.09000.
Additional comments on this trade will be provided as situation changes. Follow us!
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Comment: Today and tomorrow are the most active days in terms of the economic background. We continue to expect a medium-term reversal of the US dollar and continue to accumulate long positions against the American currency. Previously, we highlighted two scenarios for EURUSD, where scenario №1 is already in progress. But there remains a high probability of a short-term strengthening of the US dollar, in connection with this scenario №2 for the EURUSD currency pair remains, and we are waiting for a likely approach to the level of 1.07600.
The first growth target is located at the level of 1.09000.
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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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.