Strifor || AUDUSD-26/03/2024
Updated
Preferred direction: BUY
Comment: In addition to the New Zealand dollar, the idea that we described a little earlier, its "older brother" the Australian dollar is also excellent for longs. The idea is still the same, namely the medium-term weakening of the American currency.
We highlight two scenarios for the development of events with a common target at the level of 0.66500. Scenario №1 allows one to open buy-trades from current prices, but we don’t forget scenario №2 and keep it in reserve.
Additional comments on this trade will be provided as situation changes. Follow us!
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Comment: In addition to the New Zealand dollar, the idea that we described a little earlier, its "older brother" the Australian dollar is also excellent for longs. The idea is still the same, namely the medium-term weakening of the American currency.
We highlight two scenarios for the development of events with a common target at the level of 0.66500. Scenario №1 allows one to open buy-trades from current prices, but we don’t forget scenario №2 and keep it in reserve.
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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