EURUSD: medium-term sells of the pair. | 24 tháng Tám 2023

• Long-term trend: goes short. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.09600-1.09950. At the moment, the pair is trading lower, indicating the strength of sellers.

• Medium-term trend: goes short. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.09800-1.09950, 1.08800-1.08950 and 1.08450-1.08600. Currently, the pair is trading within the specified range, indicating a temporary uncertainty. • 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 23.08.2023.

• Quotation of the lower boundary of the zone 1/4-1.08515.

• Quotation of the lower boundary of the zone 1/2-1.08995.

• Intraday objectives: update the lows from 23.08.2023-1.08034.

• Medium-term objectives: test the higher bound of SWCZ - 1.07224.

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

• Sell: 1.08515-1.08995, Take Profit 1-1.08034, Take Profit 2-1.07224.

• WCZ (weekly control zone)

• GWCZ (golden weekly control zone)

• SWCZ (silver weekly control zone)