EURUSD: medium-term sells of the pair. | 28 October 2021

28 October 2021, EUR/USD

• Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.16006-1.16114. Currently, the pair is trading within the specified range, indicating a temporary uncertainty.EURUSD: medium-term sells of the pair.

• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.16006-1.16102. 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 19.10.2021.

• Quotation of the higher boundary of the zone 1/4 - 1.16278. • Quotation of the higher boundary of the zone 1/2 - 1.15838.

• Intraday objectives: update the highs from 19.10.2021 - 1.16718.

• Medium-term objectives: test the lower bound of WCZ - 1.17038.EURUSD: medium-term sells of the pair.

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

• Buy: 1.15838-1.16278, Take Profit 1-1.16718, Take Profit 2-1.17038.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)

James Hoggarth
Analyst of FreshForex
Agree with the review?
Traders' opinion:
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .