EURUSD --- > Waiting result:

Good day, dear investors and colleagues traders.

Your technical analysis of the currency pair #Eurusd:

The currency pair pushed off from the potential buying area and did not go beyond the level of 1.1000. This allowed the bulls to seize the initiative and the single European currency completes the week with a moderate increase of 0.59% compared with the opening of the week.

The asset increased its Range coefficient (amplitude motion coefficient) from 87p. up to 116p.
Three-day trend angle = 19.3˚
Two-day trend angle = 29.2˚

The technical picture is identical on both local and global time frames. Currency pair left the downward channel.

The objectives for the currency pair and the zone from which we will seek sales are as follows:
I) 1.1128
II) 1.1163
III) 1.1231

We will seek sales because the currency pair has entered the sales area.

Our recommendations: buying from 1.1000 with #stoploss 1.0950 and #takeprofit 1.1100 (RR≈2) currently makes a profit of 100 points or 1% of the deposit.

We currently recommend three options:
I) Close the recommended position;
II) Move the position to breakeven;
III) Close part of the position, and transfer the other to breakeven;

Regards to subscribers,
Ltd ”Wermelgion and Partners Investment”