EURUSD: medium-term sells of the pair | 02 октября 2019

02 октября 2019, EUR/USD

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.09310-1.09476. 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 1.09336-1.09440. 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 01.10.2019.

• Quotation of the lower boundary of the zone 1/4-1.09204.

• Quotation of the lower boundary of the zone 1/2-1.09603.

• Intraday objectives: update the highs from 01.10.2019-1.08803.

• Medium-term objectives: test the higher bound of SWCZ - 1.08059.EURUSD: medium-term sells of the pair

• Trading recommendations: sells from the range of favorable prices 1.09204-1.09603 in the formation of a reversal pattern.

• Sell: 1.09204-1.09603, Take Profit 1-1.08803, Take Profit 2-1.08059.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)

• TRADE METALS WITHOUT SWAPS!

James Hoggarth
Analyst of FreshForex
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