Murrey Math Lines: USDJPY, USDCAD

RoboForex Team RoboForex

USDJPY, “US Dollar vs. Japanese Yen”

In the H4 chart, USDJPY is expected to continue growing and break the resistance at the 8/8 level. In this case, the target will be at 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 continue moving upwards to reach the resistance at the +2/8 level.

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

In the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue trading towards 110.15.

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

USDCAD, “US Dollar vs Canadian Dollar”

In the H4 chart, USDCAD is expected to trade towards the 3/8 level.

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 has rebounded from the 6/8 level. Later, the price is expected to move 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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