Euro / U.S. DollarShort
⚡️Strifor || EURUSD-15/01/2024
Updated
Preferred direction: SELL
Comment:The previous week passed within the framework of accumulation and the situation with the main instruments basically did not change. Thus, we continue to adhere to selling priority for the Euro.
At the moment, two scenarios are active, stop-loss is placed closer to 1.11000. The nearest target for the fall is the level of 1.09000, where it is expected that buyers will begin to retreat; against the background of their closure, the price will drop to 1.08000. Earlier we also said that in a longer term perspective one may consider a fall to 1.07000.
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Comment:The previous week passed within the framework of accumulation and the situation with the main instruments basically did not change. Thus, we continue to adhere to selling priority for the Euro.
At the moment, two scenarios are active, stop-loss is placed closer to 1.11000. The nearest target for the fall is the level of 1.09000, where it is expected that buyers will begin to retreat; against the background of their closure, the price will drop to 1.08000. Earlier we also said that in a longer term perspective one may consider a fall to 1.07000.
Thank you for like and share your views!
Trade active
Note
✅The trade was moved to breakeven + partial profit taking✅Note
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