EURUSD: medium-term sells of the pair. | 06 февраля 2019

06 февраля 2019, EUR/USD

Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.13956-1.14122. Currently, the pair is trading within the specified range, indicating a temporary uncertainty.EURUSD: medium-term sells of the pair. Medium-term trend: goes short.. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.14463-1.14516. 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 06.02.2019. Quotation of the lower boundary of the zone 1/4-1.14421. Quotation of the lower boundary of the zone 1/2-1.14879. Intraday objectives: update the lows from 06.02.2019-1.13959. Medium-term objectives: test the higher bound of WCZ -1.13297.EURUSD: medium-term sells of the pair. Trading recommendations: long-term and medium-term trends in different directions, I recommend staying out of the market or very careful sells from the range of favorable prices 1.14421-1.14879 in the formation of a reversal pattern.

Sell: 1.14421-1.14879, Take Profit 1-1.13959, Take Profit 2-1.13297.

WCZ (weekly control zone)

GWCZ (golden weekly control zone)

SWCZ (silver weekly control zone)

James Hoggarth
Analyst of FreshForex
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