EURUSD: medium-term buys of the pair. | 21 March 2022

21 March 2022, EUR/USD

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.10153-1.10420. 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 1.09964-1.10048. 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 17.03.2022.

• Quotation of the higher boundary of the zone 1/4 - 1.10905.

• Quotation of the higher boundary of the zone 1/2 - 1.10425.

• Intraday objectives: update the highs from 17.03.2022 - 1.11385.

• Medium-term objectives: test the lower bound of WCZ - 1.10904.EURUSD: medium-term buys of the pair.

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

• Buy: 1.10425-1.10905, Take Profit 1-1.11385, Take Profit 2-1.10904.

• 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 .