Murrey Math Lines 25.01.2019 (EURUSD, GBPUSD)
EURUSD, “Euro vs. US Dollar”
As we can see in the H4 chart, EURUSD has rebounded from the 1/8 level and may 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 6/8 one.
In the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue moving upwards.
GBPUSD, “Great Britain Pound vs US Dollar”
As we can see in the H4 chart, GBPUSD is expected to test the 8/8 level, rebound from it, and then resume falling towards the support at the 7/8 one.
In the H1 chart, the pair may test the resistance at the 8/8 level, rebound from it, and then start a new decline to reach the 5/8 one.
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