EURUSD: medium-term sells of the pair. | 29 Maret 2019

29 Maret 2019, EUR/USD

Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.12114-1.12275. Currently, the pair is trading within the specified range, indicating a temporary uncertainty.EURUSD: medium-term sells of the pair. Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.13167-1.13250 and 1.12562. At the moment, the pair is trading lower, indicating the strength of sellers. The area of profitable prices for sell in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the minimum 28.03.2019. Quotation of the lower boundary of the zone 1/4-1.12582. Quotation of the lower boundary of the zone 1/2-1.13048. Intraday objectives: update the lows from 28.03.2019-1.12132. Medium-term objectives: test the higher bound of GWCZ - 1.11718.EURUSD: medium-term sells of the pair. Trading recommendations: sells from the range of favorable prices 1.12582-1.13048 in the formation of a reversal pattern.

Sell: 1.12582-1.13048, Take Profit 1-1.12132, Take Profit 2-1.11718.

WCZ (weekly control zone)

GWCZ (golden weekly control zone)

SWCZ (silver weekly control zone)

James Hoggarth
Analyst of FreshForex
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