EURUSD: medium-term sells of the pair. | 18 January 2019

18 January 2019, EUR/USD

Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.13966-1.14080 and 1.14425-1.14727. At the moment, the pair is trading lower, which indicates the strength of sellers.EURUSD: medium-term sells of the pair.

Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located at the quote 1.13996.At the moment, the pair is trading lower, which indicates 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 17.01.2019.

Quotation of the lower boundary of the zone 1/4-1.14159.

Quotation of the lower boundary of the zone 1/2-1.14615.

Intraday objectives: update the highs from 17.01.2019-1.13692.

Medium-term objectives: test the higher bound of GWCZ-1.12938.EURUSD: medium-term sells of the pair.

Trading recommendations: from the range of favorable prices 1.14159-1.14615 in the formation of a reversal pattern.

Sell: 1.14159-1.14615, Take Profit 1-1.13692, Take Profit 2-1.12938.

WCZ (weekly control zone)

GWCZ (golden weekly control zone)

SWCZ (silver weekly control zone)

James Hoggarth
Analyst of FreshForex
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