Murrey Math Lines 18.02.2019 (EURUSD, GBPUSD)
EURUSD, “Euro vs. US Dollar”
As we can see in the H4 chart, last Friday EURUSD rebounded from the support the 0/8 level and may later resume growing towards the resistance at the 3/8 one.
In the H1 chart, the pair may break the 3/8 level and continue growing towards the resistance at the 5/8 one.
As we can see in the M15 chart, the pair has broken the upside line of the VoltyChannel indicator and, as a result, continue trading upwards.
GBPUSD, “Great Britain Pound vs US Dollar”
In the H4 chart, GBPUSD is expected to test the 6/8 level, rebound from it, and then resume falling towards the support at the 5/8 one.
In the H1 chart, the pair may break the 3/8 level and continue falling towards the support at the 0/8 one.
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