Murrey Math Lines: EURUSD, GBPUSD

RoboForex Team RoboForex

EURUSD, “Euro vs. US Dollar”

In the H4 chart, EURUSD is expected to test the resistance at the 8/8 level, rebound from it, and then resume falling towards the support at the 7/8 one.

Risk Warning: the result of previous trading operations do not guarantee the same results in the future

In the H1 chart, the pair may rebound from the resistance at the 8/8 level and resume falling towards the support at the 5/8 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 is expected to grow towards the resistance at the 8/8 level.

Risk Warning: the result of previous trading operations do not guarantee the same results in the future

In the H1 chart, the price may break the 7/8 level and then continue trading upwards to reach the resistance at the 8/8 one.

Risk Warning: the result of previous trading operations do not guarantee the same results in the future

As we can see in the M15 chart, the pair has broken the upside line of the VoltyChannel indicator and, as a result, may continue trading upwards.

Risk Warning: the result of previous trading operations do not guarantee the same results in the future

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RoboForex Team

RoboForex

RoboForex Team is a group of professional financial experts with high experience on financial market, whose main purpose is to provide traders with quality and up-to-date market information.

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