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EUR / USD Daily. Prospects for the development of the movement in May 2019. Analysis of APLs & ZUP

Minor (Daily)

Euro vs US dollar

Previous review from 04/26/2019 20:00 UTC + 3.

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The European currency will be in the equilibrium zone (1.0930 <-> 1.1210 <-> 1.1490). direction of the range breakdown: -> resistance level 1.1310 (control line UTL forks for operating scale Minute); -> support level 1.1210 (Median Line Minor mid-line). The marking of movement options within the balance zone of a forked Minor is shown in the animated graphic.

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The breakdown of the resistance level 1.1310 ( control line UTL of the operational scale fork of the Minute) -> development of the EUR / USD movement towards the targets -> upper limit of the ISL38.2 (1.1490) equilibrium zone of the fork of the operational scale of the Minor <-> finite Shiff Line Minor (1.1570) <-> local maximum 1.1815.

The Details are Shown in animated graphics .

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The breakdown of the support level of 1.1210 (Median Line Minor median line) -> the development of the movement of the single European currency will be directed to the targets -> 1/2 Median Line channel (1.1110 <-> 1.1050 <-> 1.0990) operational scale Minute <-> lower bound ISL61.8 (1.0930) equilibrium zone of the fork of the operational scale Minor <-> initial line SSL Minute (1.0890) <-> final Shiff Line Minute (1.0780).

Details look at the animated graphics.

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The review was compiled without taking into account the news background. The opening of trading sessions in the main financial centers and is not a guide to action (placing orders "sell" or "buy").

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The material has been provided by InstaForex Company - www.instaforex.com