Murrey Math Lines 25.05.2018 (EURUSD, GBPUSD)
EURUSD, “Euro vs. US Dollar”
As we can see in the H4 chart, EURUSD may break the 0/8 level and grow towards the 1/8 one.
In the H1 chart, the pair may break the 0/8 level and continue trading towards the 3/8 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 trading inside the “oversold zone”. If the price breaks the -1/8 level, it may grow towards the 0/8 one.
In the H1 chart, the pair may break the 3/8 level and move upwards to reach the tare at the 5/8 one.
In the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue trading upwards.
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