Murrey Math Lines 02.07.2018 (EURUSD, GBPUSD)
EURUSD, “Euro vs. US Dollar”
In the H4 chart, EURUSD is expected to break the 3/8 level and then continue growing towards the resistance at the 5/8 one.
In the H1 chart, the pair is moving above the 5/8 level and may continue trading towards the resistance at the 8/8 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.
GBPUSD, “Great Britain Pound vs US Dollar”
In the H4 chart, GBPUSD may break the 4/8 level and continue growing towards the resistance at the 5/8 one.
In the H1 chart, the pair may break the 4/8 level and continue trading 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.
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.