EURUSD: medium-term buys of the pair. | 12 June 2023

• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.09700-1.10100. At the moment, the pair is trading lower, indicating the weakness of buyers.

• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.06900-1.07000. At the moment, the pair is trading higher, indicating the strength of buyers.

• 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 08.06.2023.

• Quotation of the higher boundary of the zone 1/4 - 1.07349.

• Quotation of the higher boundary of the zone 1/2 - 1.06819.

• Intraday objectives: update the highs from 08.06.2023- 1.07879.

• Medium-term objectives: test the lower bound of WCZ - 1.08544.

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

• Buy: 1.06819-1.07349, Take Profit 1-1.07879, Take Profit 2-1.08544.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)