Strifor || EURUSD-Mid-term view

Preferred direction: BUY
Comment: The main currency pair is most likely now the most interesting to buy, since it has the most formed buy-setup. A significant part of the buyers have already been liquidated, and growth according to scenario №1 is now most likely. Scenario №2 is considered as plan B, where buy-positions are expected at the level of 1.06500. This level is located near the support trend line.

The target for this medium-term long trade is not considered above the level of 1.07500.


Additional comments on this trade will be provided as situation changes. Follow us!

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AUDNZDAUDUSDChart PatternsEURGBPEURUSDGBPUSDHarmonic PatternsNZDUSDTrend AnalysisUSDJPYXAG USD ( Silver / US Dollar)XAUUSD

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