Strifor || AUDUSD-12/12/2023
Preferred direction: BUY
Comment: The idea is more medium-term, which will begin to take effect after the expected strengthening of the US dollar before the Fed meeting, and also possibly for some short time after.
Here we focus on the support level of 0.65010, from which we expect a purchase. A more likely scenario is a rebound from this level, where a fairly strong buyer area is located, at least in the short term. Also, near this level, a second buying option is being considered after a false breakout downwards, but this is unlikely.
Thank you for like and share your views!
Comment: The idea is more medium-term, which will begin to take effect after the expected strengthening of the US dollar before the Fed meeting, and also possibly for some short time after.
Here we focus on the support level of 0.65010, from which we expect a purchase. A more likely scenario is a rebound from this level, where a fairly strong buyer area is located, at least in the short term. Also, near this level, a second buying option is being considered after a false breakout downwards, but this is unlikely.
Thank you for like and share your views!
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