Murrey Math Lines 16.05.2018 (USDJPY, USDCAD)
USDJPY, “US Dollar vs. Japanese Yen”
As we can see in the H4 chart, USDJPY has broken the resistance at the 5/8 level and may continue growing towards the 6/8 one.
In the H1 chart, the pair may break the 3/8 level and then continue trading upwards to reach the 5/8 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 trading upwards.
USDCAD, “US Dollar vs Canadian Dollar”
In the H4 chart, USDCAD is expected to break the 7/8 level and then continue moving upwards to each the resistance at the 8/8 one.
As we can see in the H1 chart, the pair may rebound from the 5/8 level and then continue growing towards the resistance at the 8/8 one.
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