EURUSD: medium-term sells of the pair. | 24 August 2021

24 August 2021, EUR/USD

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.18575-1.18672. 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 1.17570-1.17650. 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 20.08.2021.

• Quotation of the lower boundary of the zone 1/4-1.17084.

• Quotation of the lower boundary of the zone 1/2-1.17524.

• Intraday objectives: update the lows from 20.08.2021-1.16644.

• Medium-term objectives: test the higher bound of GWCZ - 1.16504.EURUSD: medium-term sells of the pair.

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

• Sell: 1.17084-1.17524, Take Profit 1-1.16644, Take Profit 2-1.16504.

• 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
ปูมบันทึกอยู่ใน
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 .