EURUSD: medium-term buys of the pair. | 05 June 2019

05 June 2019, EUR/USD

Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.12417-1.12495. At the moment, the pair is trading higher, indicating the strength of buyers.EURUSD: medium-term buys of the pair. Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.12437-1.12559. At the moment, the pair is trading higher, indicating the strength of buyers. The area of profitable prices to buy in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the maximum 04.06.2019. Quotation of the higher boundary of the zone 1/4-1.12377. Quotation of the higher boundary of the zone 1/2-1.11980. Intraday objectives: update the highs from 04.06.2019-1.12771. Medium-term objectives: test the lower bound of GWCZ - 1.13561.EURUSD: medium-term buys of the pair. Trading recommendations: buys from a range of favorable prices 1.11980-1.12377 in the formation of a reversal pattern.

Buy: 1.11980-1.12377, Take Profit 1-1.12771, Take Profit 2-1.13561.

WCZ (weekly control zone)

GWCZ (golden weekly control zone)

SWCZ (silver weekly control zone)

James Hoggarth
Analyst of FreshForex
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