Murrey Math Lines 10.10.2017 (USD/CHF, USD/JPY)
USD CHF, “US Dollar vs Swiss Franc”
At the H4 chart, the USD/CHF pair is trading above the 8/8 level at 0.9765. If the price breaks this level, it may resume moving downwards to reach the 5/8 one at 0.9582.
As we can see at the M15 chart, the pair has broken he downside line of the VoltyChannel indicator and, as a result, may continue falling towards 0.9765.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart, the USD/JPY pair is trading close to the 8/8 level at 112.50. Yesterday, the price failed to break this level. So, if the pair finally breaks t, the instrument may resume falling towards the 5/8 one at 109.37.
As we can see at the M15 chart, the pair has broken the downside line of the VoltyChannel indicator and, as a result, may continue falling. However, the key level to break is 112.50.
RoboForex Analytical Department
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