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EURUSD: medium-term buys of the pair.

EURUSD: medium-term buys of the pair. | 09 January 2019

09 January 2019, EUR/USD

Long-term trend: goes long.. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.13863-1.14023 and 1.14268-1.14421. 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 at the quote 1.13999. At the moment, the pair is trading higher, indicating the strength of buyers. The area of profitable prices to buy in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the maximum 08.01.2019.

Quotation of the higher boundary of the zone 1/4-1.14380.

Quotation of the higher boundary of the zone 1/2-1.13924.

Intraday objectives: update the highs from 08.01.2019–1.14849.

Medium-term objectives: test the lower bound of GWCZ-1.15840.EURUSD: medium-term buys of the pair.

Trading recommendations: buys from a range of favorable prices 1.13924-1.14380 in the formation of a reversal pattern.

Buy: 1.13924-1.14380, Take Profit 1-1.14849, Take Profit 2-1.15840.

WCZ (weekly control zone)

GWCZ (golden weekly control zone)

SWCZ (silver weekly control zone)

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James Hoggarth
Analyst of FreshForex
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