Strifor || EURUSD-19/04/2024
Preferred direction: BUY
Comment: Despite the latest tensions in the Middle East, we continue to maintain a bullish sentiment for the euro, as we wrote at the beginning of the week. Most likely, the tension has dropped, but will constantly keep investors and traders in suspense. We are considering a medium-term strengthening of the European currency towards the level of 1.07500, and we can also consider a target at the level of 1.08000.
Scenario №1 is already in full production, and scenario №2 is in reserve.
Additional comments on this trade will be provided as situation changes. Follow us!
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Comment: Despite the latest tensions in the Middle East, we continue to maintain a bullish sentiment for the euro, as we wrote at the beginning of the week. Most likely, the tension has dropped, but will constantly keep investors and traders in suspense. We are considering a medium-term strengthening of the European currency towards the level of 1.07500, and we can also consider a target at the level of 1.08000.
Scenario №1 is already in full production, and scenario №2 is 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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