EURUSD: medium-term sells of the pair | 23 September 2019

23 September 2019, EUR/USD

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.10486-1.10627. 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 1.10554-1.10611. At the moment, the pair is trading lower, indicating 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 20.09.2019.

• Quotation of the lower boundary of the zone 1/4-1.10370.

• Quotation of the lower boundary of the zone 1/2-1.10770.

• Intraday objectives: update the highs from 20.09.2019-1.09948.

• Medium-term objectives: test the higher bound of WCZ - 1.09584.EURUSD: medium-term sells of the pair

• Trading recommendations: sells from the range of favorable prices 1.10370-1.10770 in the formation of a reversal pattern.

• Sell: 1.10370-1.10770, Take Profit 1-1.09948, Take Profit 2-1.09584.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)

• TRADE METALS WITHOUT SWAPS!

James Hoggarth
Analyst of FreshForex
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