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Viktor_strifor_analyst
Mar 28, 2024 7:43 AM

Strifor || EURUSD-28/03/2024 Long

Euro Fx/U.S. DollarFXCM

Description

Preferred direction: BUY
Comment: Today and tomorrow are the most active days in terms of the economic background. We continue to expect a medium-term reversal of the US dollar and continue to accumulate long positions against the American currency. Previously, we highlighted two scenarios for EURUSD, where scenario №1 is already in progress. But there remains a high probability of a short-term strengthening of the US dollar, in connection with this scenario №2 for the EURUSD currency pair remains, and we are waiting for a likely approach to the level of 1.07600.

The first growth target is located at the level of 1.09000.


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