Viktor_strifor_analyst

Strifor || EURUSD-06/12/2023

Long
FX:EURUSD   Euro / U.S. Dollar
Preferred direction: BUY
Comment: We previously took a view of a long position in this currency pair, which we have been doing today. Here, buying at the level of 1.07500 looks best now. It should be noted that the American currency has now largely attracted buyers, against the background of which a major player is fixing its positions. Accordingly, a rollback can be expected in the near future, and this, in turn, will lead to growth in EURUSD.

We expect growth, firstly, to the level of 1.09000, the second target is located at the level of 1.10000.

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