Murrey Math Lines 09.08.2018 (USDCHF, GOLD)
USDCHF, “US Dollar vs Swiss Franc”
In the H4 chart, USDCHF is trading above the 5/8 level and may continue growing to reach the resistance at the 8/8 one.
As we can see in the H1 chart, the pair may break the 2/8 level and then continue trading downwards to reach the support at the 0/8 one.
XAUUSD, “Gold vs US Dollar”
In the H4 chart, XAUUSD may test the support at the 5/8 level, rebound from it, and then resume growing towards the resistance at the 7/8 one.
As we can see in the H1 chart, the price is trading below the 3/8 level and may continue falling towards the support at the 0/8 one.
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