EURUSD: medium-term sells of the pair. | 17 Diciembre 2018

17 Diciembre 2018, EUR/USD

Long-term trend: temporary uncertainty. New contract. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.13249-1.13378. At the moment, the pair is trading lower, which indicates 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 1.1252–1.13381. At the moment, the pair is trading lower, which indicates 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 14.12.2018. Quotation of the lower boundary of the zone 1/4-1.13156, quotation of the lower boundary of the zone 1/2-1.13612. Intraday objectives: update the lows from 14.12.2018 - 1.12700, medium-term objectives: test the higher bound of WCZ - 1.12589.EURUSD: medium-term sells of the pair. Trading recommendations: Holding previously opened sell positions. Sells from a range of favorable prices 1.13156-1.13612 in the formation of a reversal pattern.

Sell: 1.13156-1.13612, Take Profit 1-1.12700, Take Profit 2-1.12589.

WCZ (weekly control zone)

GWCZ (golden weekly control zone)

SWCZ (silver weekly control zone)

James Hoggarth
Analyst of FreshForex
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