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EURUSD: medium-term buys of the pair.

EURUSD: medium-term buys of the pair. | 07 June 2019

07 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 1.12588-1.12658. 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 06.06.2019. Quotation of the higher boundary of the zone 1/4-1.12684. Quotation of the higher boundary of the zone 1/2-1.12289. Intraday objectives: update the highs from 06.06.2019-1.13087. 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 1.12289-1.12684 in the formation of a reversal pattern.

Buy: 1.12289-1.12684, Take Profit 1-1.13087, 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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