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Business / Finance

EUR/USD h1. The developments may 10, 2019 Analysis. & ZUP

Analytical reviews Forex 10.05.2019 at 16:21

Daily analytical reviews of the Forex market from InstaForex company

. (h1)

Euro vs US Dollar

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the Development of the single European currency EUR/USD may 10, 2019 will be due to the training and direction of a breakout of the channel borders 1/2 Median Line (1.1232 1.1215 1.1200) fork operational scale Micro.

Layout movements inside of the channel 1/2ML Micro presented on an animated chart .

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the prospect of the development of the downward movement (sell)

if the support level of 1.1200 (lower boundary of the channel 1/2 Median Line Micro) -> movement of the EUR/USD will be directed to the channel borders 1/2 Median Line (1.1185 1.1165 1.1143) fork operational scale Minuette.

the Details look at the animated chart .

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the prospect of the development of the upward movement (buy)

if the resistance level 1.1232 (upper border of the channel 1/2 Median Line Micro) -> movement of a single European currency will continue in the zones of equilibrium fork operating scale -> Minuette (1.1232 1.1260 1.1285) and Micro (1.1277 1.1298 1.1320).

the Details shown in animated graphics .

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the Review is prepared without considering the news background, the opening of the trading sessions of the major financial centers and is not a guide to action (issuing orders "sell" or "buy").

the Materials for the study of Analysis ZUP & APL's.

the Material has been provided by InstaForex company - www.instaforex.com