Murrey Math Lines 03.08.2018 (EURUSD, GBPUSD)
EURUSD, “Euro vs. US Dollar”
In the H4 chart, EURUSD is expected to continue towards the support at the 0/8 level.
In the H1 chart, the price may break the 0/8 level and then continue growing towards the resistance at the 3/8 one.
GBPUSD, “Great Britain Pound vs US Dollar”
In the H4 chart, GBPUSD may break the 1/8 level and continue falling towards the support at the 0/8 level.
In the H1 chart, the price is trading below the 3/8 level and may continue falling towards the support at the 0/8 one.
As we can see in the M15 chart, the pair has broken the downside line of the VoltyChannel indicator and, as a result, may continue moving downwards.
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