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Minuette (h1)
Euro vs US Dollar
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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.
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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.
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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.
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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").
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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