Murray Level Analysis for USDCHF and GOLD: 28/03/2019
USDCHF
On H4, USD/JPY is expected to test 3/8, after which a pullback and a fall to the support at 0/8 may occur.
On H1, the price is above the consolidation range, and is likely to hit 7/8.
Gold
On H4, the price is declining within a consolidation range between 3/8 and 5/8. The 4/8 is going to get tested, after which the price is likely to bounce and fall to the support at 2/8.
On H1, the price has left the overbought territory and now is likely to reach the 5/8 support.
On M15, the lower VoltyChannel line has been broken out, which means a descending trend is prevailing.
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