Murrey Math Lines 06.07.2018 (EURUSD, GBPUSD)
EURUSD, “Euro vs. US Dollar”
In the H4 chart, EURUSD is expected to break the 4/8 level and then continue growing towards the resistance at the 5/8 one.
In the H1 chart, the pair may break the resistance at the 8/8 level and then continue trading towards the 5/8 one.
GBPUSD, “Great Britain Pound vs US Dollar”
As we can see in the H4 chart, GBPUSD is consolidating between the 3/8 and 5/8 levels. In the future, the price is expected to test the resistance at the 5/8 one.
In the H1 chart, the pair may continue trading towards the resistance at the 8/8 level.
In the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue moving upwards.
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