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EURUSD: medium-term sells of the pair.

EURUSD: medium-term sells of the pair. | 25 March 2019

25 March 2019, EUR/USD

Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.13441-1.13553. At the moment, the pair is trading lower, indicating 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 1.12898-1.12992. 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 22.03.2019. Quotation of the lower boundary of the zone 1/4-1.13188. Quotation of the lower boundary of the zone 1/2-1.13644. Intraday objectives: update the lows from 22.03.2019-1.12724. 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 1.13188-1.13644 in the formation of a reversal pattern.

Sell: 1.13188-1.13644, Take Profit 1-1.12724, 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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