03.07.2018 10:44 AMSubMinuette (m30)
Euro vs US Dollar
Previous view of 27/06/2018 17:20 UTC + 3.
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The development of the EURUSD price movement takes place in the 1/2 Median Line channel (1.1575 <-> 1.1595 <-> 1.1617) of the Micro operational scale forks. Therefore, the further trend of movement development (in the period 02 - 04 July 2018) of the trading instrument price will be defined by the direction of the border levels' breakdown of this channel.
Marking of the working out of the above levels of fork lines. The operational scale of Micro is shown in the graph.
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The prospect of downward movement (sell)
Breakdown of the support level at 1.1575 (the lower bound of the channel on the a Median Line Micro) will make it possible to continue the development of the EUR/USD traffic in the equilibrium zone ( 1.1575 <-> 1.1550 <-> 1.1520). There is a micro operational scale fork with the prospect of achieving the ultimate Shiff Line Micro ( support level 1.1505 ).
View detailslook at the graph.
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Prospect of development of the upward movement (buy)
Breakdown of the resistance level at 1.1617 (the upper border of the channel on the 1/2 Median Line SubMinuette). The movement of the EUR / USD pair will continue in Canada on 1/2 Median Line SubMinuette ( 1.1612 <-> 1.1635 <-> 1.1660 ), and in case of breakdown of the upper border ( 1.1660 ) of this upward movement channel, the price of the instrument can continue to the targets.
The details are shown in the graph.
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The review is made disregarding the news background and it is not a guide to action (issuing orders "sell" or "buy").
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