EURUSD: medium-term sells of the pair. | 28 September 2021

28 September 2021, EUR/USD

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.17274-1.17342. At the moment, the pair is trading lower, indicating the strength of sellers. • Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.17258-1.17353. 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 27.09.2021.

• Quotation of the lower boundary of the zone 1/4-1.17276.

• Quotation of the lower boundary of the zone 1/2-1.17716.

• Intraday objectives: update the lows from 27.09.2021-1.16836.

• Medium-term objectives: test the higher bound of GWCZ - 1.16511.

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

• Sell: 1.17276-1.17716, Take Profit 1-1.16836, Take Profit 2-1.16511.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)

James Hoggarth
Analyst of FreshForex
Agree with the review?
Traders' opinion:
Close
Login
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .