EURUSD: medium-term sells of the pair. | 27 March 2019

27 March 2019, EUR/USD

Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.13441-1.13553. At the moment, the pair is trading lower, indicating the strength of sellers.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 1.13078-1.123176. At the moment, the pair is trading lower, indicating the strength of sellers. 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 27.03.2019. Quotation of the lower boundary of the zone 1/4-1.12971. Quotation of the lower boundary of the zone 1/2-1.13436. Intraday objectives: update the lows from 27.03.2019-1.12508. Medium-term objectives: test the higher bound of GWCZ - 1.11718.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 1.12971-1.13436 in the formation of a reversal pattern.

Sell: 1.12971-1.13436, Take Profit 1-1.12508, Take Profit 2-1.11718.

WCZ (weekly control zone)

GWCZ (golden weekly control zone)

SWCZ (silver weekly control zone)

James Hoggarth
Analyst of FreshForex
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