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

23 January 2019, EUR/USD

Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.13828-1.14083 and 1.14524-1.14711. 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 1.13906-1.14039. 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 22.01.2019. Quotation of the lower boundary of the zone 1/4-1.13816. Quotation of the lower boundary of the zone 1/2-1.14282. Intraday objectives: update the lows from 22.01.2019-1.13360. Medium-term objectives: test the higher bound of GWCZ-1.12936.EURUSD: medium-term sells of the pair. Trading recommendations: sells from the range of favorable prices 1.13816-1.14282 in the formation of a reversal pattern.

Sell: 1.13816-1.14282, Take Profit 1-1.13360, Take Profit 2-1.12936.

WCZ (weekly control zone)

GWCZ (golden weekly control zone)

SWCZ (silver weekly control zone)

James Hoggarth
Analyst of FreshForex
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