Murrey Level Analysis for EUR/USD and GBP/USD: 24.09.2018
EUR/USD
On H4, the EUR/USD is overbought. Now, once 8/8 gets broken out, the price may fall further to reach the expect at 7/8.
On H1, the pair may start rising once 5/8 gets broken out, the target being the resistance at 8/8.
GBP/USD
On H4, the GBP/USD has left the overbought area and broken out 8/8, which signals a likely price fall to 5/8.
H1 charts show the same Murrey levels as H4, thus confirming the H4 analysis.
On M15, the lower VoltyChannel line has been broken out, which signals a likely price fall.
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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