Murrey Math Lines 29.06.2018 (EURUSD, GBPUSD)
EURUSD, “Euro vs. US Dollar”
In the H4 chart, EURUSD may break the 3/8 level and then continue growing towards the resistance at the 5/8 level.
In the H1 chart, the pair is moving above the 5/8 level and may continue trading towards 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”
As we can see in the H4 chart, GBPUSD has rebounded from the 3/8 level and may resume growing towards the resistance at the 5/8 one.
In the H1 chart, the pair may break the 3/8 level and continue trading towards the first target at the 5/8 one.
In the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, 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.