Minuette (h1)
Euro vs US Dollar
Previous view from 06/09/2018 15:01 UTC + 3.
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The development of EUR / USD currency instrument movement from September 12, 2018 will be determined by how the level of the 1/2 Median Line border channel ( 1.1595 <-> 1.1580 <-> 1.1564 ) and the equilibrium zone ( 1.1580 <-> 1.1564 < -> 1.1540 ) Micro operational scale forks.
Marking the variants of movement within the foregoing lines of the Micro operational scale forks are in the chart.
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Perspective of the downward movement movement (sell)
The breakdown of the support level of 1.1540 (the lower boundary of the ISL61.8) will determine the continuation of the EUR / USD pair downward movement development to the targets -> 1/2 Median Line Minuette ( 1.1510) <-> lower channel boundary 1 / 2ML Minuette (1.1455) <-> LTL Micro control line (1.1410) <-> upper limit ISL38.2 (1.1369) of the normal zone of the operating-scale pitchfork Minuette. For details look at the chart.
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Prospect of the upward movement development (buy)
Breakdown of the resistance level of 1.1595 (the upper border of the channel 1/2 Median Line Micro ) -> variant of the development of the upward movement EUR / USD whose objectives will be -> the initial line SSL ( 1.1630 ) forks of operational scale Micro <-> local maximum `s ( 1.1644 <-> 1.1659 ) <-> warning lineUWL38.2 Minuette ( 1.1690 ) <-> UTL Minuette control line ( 1.1730 ) <-> warning line of the UWL61.8 Minuette ( 1.1755 ). The details are shown in the chart.
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The review is not taking into account the news background and is not a guide to action (placing "sell" or "buy" orders).
Materials for the study of the analysis of ZUP & APL`s.
The material has been provided by InstaForex Company - www.instaforex.com