Murrey Level Analysis for EURUSD and GBPUSD: 18/3/2019
EURUSD
On H4, the EURUSD broke out 3/8, which signals a likely price rise to 5/8.
H1 charts show the same Murrey levels as H4, and confirm the price rise.
On M15, the upper VoltyChannel line has been broken out, which signals a likely price rise.
GBPUSD
On H4, the GBP/USD is trading within a consolidation range. The price is likely to bounce off 5/8 and get down to 3/8.
In case VoltyChannel bottom line is broken out on M15, the price will be more likely to go further down.
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews.
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