⚡️Strifor || AUDUSD-09/02/2024
Preferred direction: BUY
Comment: For this currency pair, we continue to insist on a medium-term long with a target at the level of 0.65848. Scenario №1 is in the works, but we are not taking scenario №2 off the table, since this is where the local minimum may still be updated. Among the majors, the most confident pairs for growth now are, of course, EURUSD and GBPUSD. The Canadian dollar also has potential for growth amid rising oil prices.
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Comment: For this currency pair, we continue to insist on a medium-term long with a target at the level of 0.65848. Scenario №1 is in the works, but we are not taking scenario №2 off the table, since this is where the local minimum may still be updated. Among the majors, the most confident pairs for growth now are, of course, EURUSD and GBPUSD. The Canadian dollar also has potential for growth amid rising oil prices.
Thank you for like and share your views!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.