EURUSD: medium-term buys of the pair. | 22 November 2019

22 November 2019, EUR/USD

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.10588-1.10660. Currently, the pair is trading within the specified range, indicating a temporary uncertainty.EURUSD: medium-term buys of the pair.

• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.10660-1.10835. Currently, the pair is trading within the specified range, indicating a temporary uncertainty.

• The area of profitable prices for buy in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the maximum 21.11.2019.

• Quotation of the higher boundary of the zone 1/4-1.10622.

• Quotation of the higher boundary of the zone 1/2-1.10262.

• Intraday objectives: update the highs from 21.11.2019-1.10982.

• Medium-term objectives: test the lower bound of WCZ - 1.11387.EURUSD: medium-term buys of the pair.

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

• Buy: 1.10262-1.10622, Take Profit 1-1.10982, Take Profit 2-1.11387.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)

• TRADE FUEL WITHOUT SWAPS!

James Hoggarth
Analyst of FreshForex
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