EURUSD: medium-term sells of the pair. | 11 March 2019

11 March 2019, EUR/USD

Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.13553-1.13665, 1.14430-1.14675. 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 in the range, of quotations 1.13043-1.13114. 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 07.03.2019. Quotation of the lower boundary of the zone 1/4-1.12222. Quotation of the lower boundary of the zone 1/2-1.12683. Intraday objectives: update the lows from 07.03.2019-1.11762. Medium-term objectives: test the higher bound of GWCZ -1.11443.EURUSD: medium-term sells of the pair. Trading recommendations: sells from a range of favorable prices 1.12222-1.12683 in the formation of a reversal pattern.

Sell: 1.12222-1.12683, Take Profit 1-1.11762, Take Profit 2-1.11443.

WCZ (weekly control zone)

GWCZ (golden weekly control zone)

SWCZ (silver weekly control zone)

James Hoggarth
Analyst of FreshForex
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