Strifor || AUDUSD-25/04/2024
Preferred direction: BUY
Comment: The previous trading idea for the Australian dollar was successfully closed with a profit. At the moment, the US dollar continues its downward correction on almost all fronts. We expect further growth for this pair, but of course it will be more limited than before. In our decisions, we are tied to the support level of 0.65010. Scenario №1 assumes an increase from current prices towards the local resistance level of 0.65474, and scenario №2 - after a test of the level of 0.65010, the goal is the same as in scenario №1.
Additional comments on this trade will be provided as situation changes. Follow us!
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Comment: The previous trading idea for the Australian dollar was successfully closed with a profit. At the moment, the US dollar continues its downward correction on almost all fronts. We expect further growth for this pair, but of course it will be more limited than before. In our decisions, we are tied to the support level of 0.65010. Scenario №1 assumes an increase from current prices towards the local resistance level of 0.65474, and scenario №2 - after a test of the level of 0.65010, the goal is the same as in scenario №1.
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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