Minuette (h1)

Euro vs US Dollar

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Further development of the EUR / USD movement will be determined by the direction of the breakdown of the 1/2 Median Line channel borders (1.1463 - 1.1480 - 1.1495) of the Micro operational scale forks.

The markup for testing the 1 / 2 ML Micro channel levels above is presented on an animated graphic.

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The prospect of the development of a downward movement (sell).

The breakdown of the support level of 1.1463 (lower limit of the channel 1/2 Median Line Micro) continued the development of the downward movement of EUR / USD to the borders of the equilibrium zone (1.1435 - 1.1405 - 1.1380) of the Micro forks.

Details are shown on the animated graph.

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The development perspective of the upward movement (buy).

The breakdown of the resistance level of 1.3105 (upper limit of the channel 1/2 Median Line Micro) and the variant of the upward movement of EUR / USD to the targets; initial SSL line (1.1505) forks the Micro; control line UTL Micro (1.1530); local maximum of 1.1550; lower limit of the ISL 61.8 (1.1560) equilibrium zone of the fork of the operating scale Minuette; local maximum of 1.1594; Median Line Minuette (1.1600).

Details are shown on the animated graph.

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The review was compiled 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").