Murrey Math Lines: EURUSD, GBPUSD
|EURUSD, “Euro vs. US Dollar”
As we can see in the H4 chart, EURUSD may test the 0/8 level, rebound from it, and then resume growing towards the 1/8 one.
Risk Warning: the result of previous trading operations do not guarantee the same results in the future
In the H1 chart, the pair is expected to test the support at the 0/8 level, rebound from it, and then grow to reach the resistance at the 3/8 one.
Risk Warning: the result of previous trading operations do not guarantee the same results in the future
GBPUSD, “Great Britain Pound vs US Dollar”
In the H4 chart, GBPUSD may break the 2/8 level and then continue falling towards the 1/8 one.
Risk Warning: the result of previous trading operations do not guarantee the same results in the future
As we can see in the H1 chart, the pair may move upwards to reach resistance at the 3/8 level in case it breaks the 1/8 one.
Risk Warning: the result of previous trading operations do not guarantee the same results in the future
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