Today's test of WCZ 1/2 1.2426-1.2405 can be crucial for further movement. If today's trading closes below the zone, then the pair will fall to the WCZ 1.2210-1.2167 for the rest of the week. This model will be a turning point and will allow you to search for sales.
Last month passed as part of the medium-term accumulation zone, so the instrument's decline could be a continuation of this flat.
The option of resuming growth will develop if today's trading closes above yesterday's high. This will indicate the emergence of a large market buyer and will enable us to continue buying in the direction of the priority upward model.
Daily CZ - daily control zone. The area formed by important data from the futures market, which changes several times a year.
Weekly CZ - weekly control zone. The zone formed by important marks of the futures market, which changes several times a year.
Monthly CZ - monthly control zone. The zone, which is a reflection of the average volatility over the past year.
