Preferred direction: BUY
Comment: The short-term vision for this currency pair is also not favourable to the US dollar, but the medium-term prospects are quite positive. In short, this is the main scenario at the moment (scenario 1), according to which a renewal of the current low at the level of 0.86300 is expected, and then a recovery to the resistance level of 0.87757.
The more aggressive scenario 2 assumes an increase from current prices, but this is very unlikely. The target is also located at resistance 0.87757.
Thank you for like and share your views!
Comment: The short-term vision for this currency pair is also not favourable to the US dollar, but the medium-term prospects are quite positive. In short, this is the main scenario at the moment (scenario 1), according to which a renewal of the current low at the level of 0.86300 is expected, and then a recovery to the resistance level of 0.87757.
The more aggressive scenario 2 assumes an increase from current prices, but this is very unlikely. The target is also located at resistance 0.87757.
Thank you for like and share your views!
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