Strifor || EURUSD-Week Starting
Preferred direction: BUY
Comment: At the beginning of the coming week, the buy-priority for the euro remains. The previous week showed nothing in terms of volatility. The coming week is expected to be hot, and reasons for volatility can be found in the economic calendar.
As before, the main target for medium-term growth is the level of 1.09000. Scenario №1 assumes maximum growth from current prices, but we do not exclude scenario №2 with a short-term fall towards the level of 1.07500.
Additional comments on this trade will be provided as situation changes. Follow us!
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Comment: At the beginning of the coming week, the buy-priority for the euro remains. The previous week showed nothing in terms of volatility. The coming week is expected to be hot, and reasons for volatility can be found in the economic calendar.
As before, the main target for medium-term growth is the level of 1.09000. Scenario №1 assumes maximum growth from current prices, but we do not exclude scenario №2 with a short-term fall towards the level of 1.07500.
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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