Murrey Math Lines 23.04.2018 (EURUSD, GBPUSD)
EURUSD, “Euro vs. US Dollar”
In the H1 chart, the pair has broken the 3/8 level and is no longer consolidating. Later, the price is expected to continue moving downwards to reach the support at the 0/8 one.
As we can see in the M15 chart, the pair has broken the downside line of the VoltyChannel indicator and, as a result, may continue moving downwards.
GBPUSD, “Great Britain Pound vs US Dollar”
As we can see in the H4 chart, the pair has broken the 3/8 level and is no longer consolidating. Later, the price is expected to fall towards the 2/8 level.
In the H1 chart, the instrument may move downwards to reach the support at the 0/8 level.
As we can see in the M15 chart, the pair has broken the downside line of the VoltyChannel indicator and, as a result, may continue moving downwards to reach 1.3916.
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