EUR/USD h1. Options for the development of the movement 11.06-11.09.2018. Analysis of APLs & ZUP
Euro vs US Dollar
Previous review from 02.11.2018 13: 57 UTC+3.
The movement of the single European currency EUR/USD 06-09 November 2018 will be developed depending on the direction of the breakdown of the boundaries of the channel 1/2 Median Line (1.1375 <-> 1.1395 <-> 1.1410) micro operational scale fork.
Marking options movement within the channel 1/2 Median line Micro look at the chart.
The prospect of the downward movement (sell)
If the support level 1.1375 (channel 1/2 Median Line Micro), with subsequent breakdown of the lower border of the channel 1/2 Median Line Minuette (1.1369) -> variant of the downtrend in EUR/USD to targets -> median line Median Line Micro (1.1360) <-> lower bound ISL61.8 (1.1335) fork operational scale Micro <-> ultimate Shiff Line Micro (1.1325) <-> initial line SSL (1.1310) fork operational scale Minuette <-> minimum 1.1302.
Details look at the chart.
The prospect of upward movement (buy)
The breakdown of the resistance level 1.1410 (upper limit of the channel 1/2 Median line Micro) – > the development of the EUR/USD movement will be directed to the goals – > upper limit of the channel 1/2 Median Line Minuette (1.1422) < – > lower limit ISL38.2 (1.1444) pitchfork operational scale Minuette <-> local high 1.1456.
Details are shown on the chart.
The review is made without taking into account the news background, the opening of trading sessions of the main financial centers and is not a guide to action (placing orders “sell” or “buy”).