Murrey Math Lines 06.12.2018 (USDCHF, GOLD)
USDCHF, “US Dollar vs Swiss Franc”
In the H4 chart, USDCHF is trading below the 3/8 level and may continue falling to reach the support at the 0/8 one.
In the H1 chart, the pair is consolidating. In this case, the price may break the 3/8 level and continue falling towards support at the 0/8 one.
As we can see in the M15 chart, the pair has broken the downside line of the VoltyChannel indicator and, as a result, may continue moving downwards.
XAUUSD, “Gold vs US Dollar”
In the H4 chart, XAUUSD may break the 7/8 level and continue trading upwards to reach the resistance at the 8/8 one.
In the H1 chart, the pair is trading above the 5/8 level and may continue growing towards the resistance level at the 8/8 one.
As we can see in the M15 chart, the pair has broken the upside line of the VoltyChannel indicator and, as a result, may continue moving upwards.
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