Murrey Math Lines 08.06.2018 (EURUSD, GBPUSD)
EURUSD, “Euro vs. US Dollar”
As we can see in the H4 chart, EURUSD has broken the 0/8 level and is no longer trading inside the “oversold zone”. If later the price breaks the 1/8 level, the instrument may grow towards the 2/8 one.
As we can see in the M15 chart, the pair has broken the upside line of the VoltyChannel indicator and, as a result, may continue growing towards.
GBPUSD, “Great Britain Pound vs US Dollar”
In the H4 chart, GBPUSD is trading inside the “oversold zone”. If later the price breaks the -1/8 level, it may continue growing to reach the 0/8 one.
As we can see in the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue growing towards 1.3671.
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