Strifor || EURUSD-Week Starting
Preferred direction: BUY
Comment: We continue to consider the euro in favor of buyers, especially until the target at 1.09000 is crossed. Above this level, there is a target of 1.10000, which the pair may approach quite easily, since there is an accumulated resource for this. This potential movement will develop within the framework of scenario №1.
Scenario №2 is quite different from Scenario №1, although the direction of the deal is the same. The reason is that the next potential buying area is 1.07500, and short trades are not yet considered by us. The likelihood of such an option is unlikely, but it cannot be excluded, and if something happens, we will actively use it.
Additional comments on this trade will be provided as situation changes. Follow us!
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Comment: We continue to consider the euro in favor of buyers, especially until the target at 1.09000 is crossed. Above this level, there is a target of 1.10000, which the pair may approach quite easily, since there is an accumulated resource for this. This potential movement will develop within the framework of scenario №1.
Scenario №2 is quite different from Scenario №1, although the direction of the deal is the same. The reason is that the next potential buying area is 1.07500, and short trades are not yet considered by us. The likelihood of such an option is unlikely, but it cannot be excluded, and if something happens, we will actively use it.
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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