EURUSD: medium-term sells of the pair. | 29 August 2019

Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.12272-1.12344. At the moment, the pair is trading lower, indicating the strength of sellers. Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.10772-1.11022. Currently, the pair is trading within the specified range, indicating a temporary uncertainty. 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 28.08.2019. Quotation of the lower boundary of the zone 1/4-1.11133. Quotation of the lower boundary of the zone 1/2-1.11533. Intraday objectives: update the lows from 28.08.2019-1.10755. Medium-term objectives: test the higher bound of WCZ - 1.10040. Trading recommendations: the volume of the medium-term trend prevents the entry into the deal to sell, I recommend staying out of the market or very careful sells from the range of favorable prices 1.11133-1.11533 in the formation of a reversal pattern.

Sell: 1.11133-1.11533, Take Profit 1-1.10755, Take Profit 2-1.10040.

WCZ (weekly control zone)

GWCZ (golden weekly control zone)

SWCZ (silver weekly control zone)