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EURUSD: medium-term buys of the pair

EURUSD: medium-term buys of the pair | 25 June 2019

25 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 1.11930-1.12211. At the moment, the pair is trading higher, indicating the strength of buyers. Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.11968-1.12079 and 1.12875-1.12980. At the moment, the pair is trading higher, indicating the strength of buyers. The area of profitable prices for buy in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the maximum 25.06.2019. Quotation of the higher boundary of the zone 1/4-1.13699. Quotation of the higher boundary of the zone 1/2-1.13310. Intraday objectives: update the highs from 25.06.2019-1.14102. Medium-term objectives: test the lower bound of GWCZ - 1.14209. Trading recommendations: buys from the range of favorable prices 1.13310-1.13699 in the formation of a reversal pattern.

Buy: 1.13310-1.13699, Take Profit 1-1.14102, Take Profit 2-1.14029.

WCZ (weekly control zone)

GWCZ (golden weekly control zone)

SWCZ (silver weekly control zone)

James Hoggarth
Analyst of FreshForex
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