Euro vs US Dollar
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.
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.
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.
The review is not taking into account the news background and is not a guide to action (placing "sell" or "buy" orders).
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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