EURUSD: medium-term buys of the pair | 14 June 2019
14 June 2019, EUR/USD
Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.12417-1.12495. At the moment, the pair is trading higher, indicating the strength of buyers.
Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.12627-1.12689 and 1.13098-1.13177. Currently, the pair is trading within the specified range, indicating a temporary uncertainty. 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 07.06.2019. Quotation of the higher boundary of the zone 1/4-1.13079. Quotation of the higher boundary of the zone 1/2-1.12678. Intraday objectives: update the highs from 07.06.2019-1.13473. Medium-term objectives: test the lower bound of GWCZ - 1.13561.
Trading recommendations: buys from a range of favorable prices 1.12678-1.13079 in the formation of a reversal pattern.
Buy: 1.12678-1.13079, Take Profit 1-1.13473, Take Profit 2-1.13561.
WCZ (weekly control zone)
GWCZ (golden weekly control zone)
SWCZ (silver weekly control zone)
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
