Murrey Math Lines 04.04.2018 (USDJPY, USDCAD)
USDJPY, “US Dollar vs. Japanese Yen”
In the H4 chart, USDJPY is expected to break the 5/8 level and then continue growing towards the resistance at the 6/8 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 to reach 107.81.
USDCAD, “US Dollar vs Canadian Dollar”
In the H4 chart, USDCAD is expected to continue falling towards the support at the 4/8 level.
As we can see in the H1 chart, the pair may break the 3/8 level and then continue falling to reach the 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.
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