EUR / USD pair – m30. Operational traffic analysis on October 18-19, 2018. APLs & ZUP
Euro vs US Dollar
The development of the Euro major currency movement in the next two days, October 18-19, 2018, will be conditioned by working out of the levels of the equilibrium zone ( 1.1498 <-> 1.1513 <-> 1.1527 ) of the Micro forks.
The marking of the development of movement within the channel 1/2 ML of the forks of the SubMinuette operational scale is presented on an animated graph.
The outlook of the downward movement development (sell)
The breakdown of the support level of 1.1498 (lower limit ISL 61.8 of the operational scale fork of the Micro scale ) will determine further development of the EUR / USD movement in the balance zone (1.1498 <-> 1.1473 <-> 1.1449) of the SubMinuette operational scale fork with the prospect of reaching the final FSL Micro line ( 1.1443 ) and updating the local minimum 1.1432. Details are shown on the animated graph.
Development perspective of the upward movement (buy)
The breakdown of the resistance level of 1.1527 (upper limit of the ISL38.2 balance zone of the operational scale of the forks Micro ) -> option of the EUR/USD pair for an upward movement development to the targets -> end Shiff Line Micro ( 1.1555 ) <-> initial line SSL SubMinuette ( 1.1570 ) <-> the lower boundary of the channel 1/2 Median Line SubMinuette ( 1.1580 ). Details are shown on the animated graphics.
The review was compiled without regard to 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”).