Viktor_strifor_analyst

Strifor || EURAUD-24/05/2024

Long
FX:EURAUD   Euro / Dollar Australien
Preferred direction: BUY
Comment: Previously, we published a medium-term trading idea with a target at the level of 1.64767. This idea is still at work, and the stated goal is also relevant. If we consider the current picture, we can consider entering a long position with the same target at the level of 1.64767 (scenario №1). This will be especially interesting for those who did not manage to enter a long position earlier.

As an alternative entry into a long position within the short-term framework under consideration, we can highlight scenario №2. However, it is undesirable, and it is better to look for a buy at current prices at the time of writing this trading idea.

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

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