Murrey Math Lines 21.03.2018 (USDJPY, USDCAD)
USDJPY, “US Dollar vs. Japanese Yen”
In the H4 chart, USDJPY is expected to test the support at the 0/8 level, rebound from it, and then resume growing towards the resistance at the 2/8 one.
In the H1 chart, the price may break the 1/8 level and then continue growing towards the resistance at the 3/8 one. However, the price may yet test the support at the 0/8 level, rebound from it, and then resume growing to reach the 3/8 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.
USDCAD, “US Dollar vs Canadian Dollar”
In the H4 chart, USDCAD may break the 7/8 level and then continue growing towards the resistance at the 8/8 level.
As we can see in the H1 chart, the pair may rebound from the 5/8 level and then continue growing to reach the resistance at the 8/8 one.
As we can see in the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue moving upwards.
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