EURUSD: temporary uncertainty. | 16 March 2020
16 March 2020, EUR/USD
• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.11803-1.11949. At the moment, the pair is trading lower, indicating the weakness of buyers.
• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.11682-1.11882. At the moment, the pair is trading lower, indicating the strength of sellers.
• Trading recommendations: outside the market.
• 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.
