Preferred direction: BUY
Comment: A short-term long worked well for the euro. Today it is expected that the instrument will trade at the level of 1.05700, where buyers will strengthen their positions. We also shouldn’t forget about the possible sell-off of the dollar against the backdrop of position closure before the weekend. From all this it follows that it makes sense to continue to look closely at short-term longs.
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Comment: A short-term long worked well for the euro. Today it is expected that the instrument will trade at the level of 1.05700, where buyers will strengthen their positions. We also shouldn’t forget about the possible sell-off of the dollar against the backdrop of position closure before the weekend. From all this it follows that it makes sense to continue to look closely at short-term longs.
Thank you for like and share your views!
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