Murrey Math Lines 21.05.2018 (EURUSD, GBPUSD)
EURUSD, “Euro vs. US Dollar”
As we can see in the H4 chart, EURUSD may test the 0/8 level, rebound from it, and then resume growing towards the 1/8 one.
In the H1 chart, the pair is expected to test the support at the 0/8 level, rebound from it, and then grow to reach the resistance at the 3/8 one.
GBPUSD, “Great Britain Pound vs US Dollar”
In the H4 chart, GBPUSD may break the 2/8 level and then continue falling towards the 1/8 one.
As we can see in the H1 chart, the pair may move upwards to reach resistance at the 3/8 level in case it breaks the 1/8 one.
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