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EURUSD: medium-term sells of the pair.

EURUSD: medium-term sells of the pair. | 12 February 2019

12 February 2019, EUR/USD

Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.14171-1.14419At 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 quotations 1.13400 and 1.14534. 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 11.02.2019. Quotation of the lower boundary of the zone 1/4-1.13135. Quotation of the lower boundary of the zone 1/2-1.13591. Intraday objectives: update the lows from 11.02.2019-1.12663. Medium-term objectives: test the higher bound of GWCZ -1.12376.EURUSD: medium-term sells of the pair. Trading recommendations: sells from the range of favorable prices 1.13135-1.13591 in the formation of a reversal pattern.

Sell: 1.13135-1.13591, Take Profit 1-1.12663, Take Profit 2-1.12376.

WCZ (weekly control zone)

GWCZ (golden weekly control zone)

SWCZ (silver weekly control zone)

James Hoggarth
Analyst of FreshForex
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