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Viktor_strifor_analyst
Jan 9, 2024 7:54 AM

⚡️Strifor || AUDUSD-09/01/2024 Short

Australian Dollar/U.S. DollarFXCM

Description

Preferred direction: SELL
Comment: The market continues to hint at a likely strengthening of the American currency, and it should be noted that the AUDUSD currency pair is considered one of the best options for this. In the very near future, most likely this week, there will be an attempt by sellers to break through the support level of 0.66659.

Here we have a pushing volume, as in many majors, but the Australian has one of the clearest pictures in this regard. Let's consider two scenarios, where the first is the most likely, and the second is left in reserve as an addition to a position or a re-entry into the sale.

We set the target for this downward impulse at the level of 0.65848.


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Viktor_strifor_analyst
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