Murrey Math Lines 11.06.2018 (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 resistance at the 2/8 one.
In the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue growing towards 1.1962.
GBPUSD, “Great Britain Pound vs US Dollar”
As we can see 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.
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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