Murrey Level Analysis for USD/CHF and GOLD: 27.09.2018
USD/CHF
On H4, USD/CHF is trading below the consolidation range. Now, once 2/8 gets broken out, the price may fall further to reach 1/8.
On H1, the price may bounce off 5/8, which, if this is the case, will push the pair lower to 2/8.
On M15, the VoltyChannel breakout may make the price go lower to reached 0.9582.
Gold
On H4, gold is trading near the upper consolidation boundary. Now, once 5/8 gets broken out, the price may fall further to reach 3/8.
On H1, the price is likely to go down to the first target at 8/8.
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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