EURUSD: medium-term sells of the pair. | 17 Juni 2019

17 Juni 2019, EUR/USD

Long-term trend: temporary uncertainty. New contract!!! The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.12070-1.12130. At the moment, the pair is trading higher, indicating the strength of buyers.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 1.12070-1.12130 and 1.12338-1.12395. Currently, the pair is trading within the specified range, indicating a temporary uncertainty. 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 14.06.2019. Quotation of the lower boundary of the zone 1/4-1.12424. Quotation of the lower boundary of the zone 1/2-1.12826. Intraday objectives: update the lows from 14.06.2019-1.12027. Medium-term objectives: test the lower bound of WCZ - 1.11874.EURUSD: medium-term sells of the pair. Trading recommendations: the volume of the medium-term trend prevents the entry into the deal to sell, I recommend staying out of the market or very careful sells from the range of favorable prices 1.12424-1.12826 in the formation of a reversal pattern.

Sell: 1.12424-1.12826 , Take Profit 1-1.12027, Take Profit 2-1.11874.

WCZ (weekly control zone)

GWCZ (golden weekly control zone)

SWCZ (silver weekly control zone)

James Hoggarth
Analyst of FreshForex
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