Strifor || AUDUSD-10/05/2024
Updated
Preferred direction: BUY
Comment: In the second half of the week, the main trading instruments finally began to move in the directions we had previously indicated. For the Australian dollar, today we can expect the previously set target at 0.66460. At the moment, both scenarios are activated, of course, the most effective, as expected, is scenario №2.
One can also consider a goal slightly above the level of 0.66460, but one should not set the target too high, for example close to the level of 0.67000, as there is a high probability of a medium-term downward reversal.
Additional comments on this trade will be provided as situation changes. Follow us!
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Comment: In the second half of the week, the main trading instruments finally began to move in the directions we had previously indicated. For the Australian dollar, today we can expect the previously set target at 0.66460. At the moment, both scenarios are activated, of course, the most effective, as expected, is scenario №2.
One can also consider a goal slightly above the level of 0.66460, but one should not set the target too high, for example close to the level of 0.67000, as there is a high probability of a medium-term downward reversal.
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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