EURUSD – Up
• Long-term trend: temporary uncertainty. The maximum accumulation of volumes of the current contract is located in the range, of quotations 1.07100-1.07400. At the moment, the pair is trading higher, indicating the strength of buyers.
• Medium-term trend: goes long. The maximum accumulation of volumes of medium-term trend is located in the range, of quotations 1.07160-1.07260. At the moment, the pair is trading higher, indicating the strength of buyers.
• The area of profitable prices for buy in terms of marginal cover is located between zones 1/4 and 1/2 constructed from the maximum 15.03.2023.
• Quotation of the higher boundary of the zone 1/4 – 1.07059.
• Quotation of the higher boundary of the zone 1/2 – 1.06529.
• Intraday objectives: update the highs from 15.03.2023- 1.07589.
• Medium-term objectives: test the lower bound of GWCZ – 1.08444.
• Trading recommendations: buys from the range of favorable prices in the formation of a reversal pattern.
• Buy: 1.06529-1.07059, Take Profit 1-1.07589, Take Profit 2-1.08444.
• WCZ (weekly control zone)
• GWCZ (golden weekly control zone)
• SWCZ (silver weekly control zone)
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