Long-term trend: goes long. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.30191-1.30332. 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 1.30998-1.31127. 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 10.03.2020.
• Quotation of the lower boundary of the zone 1/4-1.29776.
• Quotation of the lower boundary of the zone 1/2-1.30736.
• Intraday objectives: update the lows from 10.03.2020-1.28816.
• Medium-term objectives: test the higher bound of WCZ-1.28166.
Trading recommendations: sells from the range of favorable prices in the formation of a reversal pattern.
• Sell: 1.29776-1.30736, Take Profit 1-1.28816, Take Profit 2-1.28166.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)
Origin: FreshForex
