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Murrey Math Lines 16.03.2018 (EURUSD, GBPUSD)

16 march 2018 - Fx4News

EURUSD, “Euro vs. US Dollar”

In the H4 chart, EURUSD may break the support at the 1/8 level and then continue falling towards the 0/8 one.

EURUSD1
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

In the H1 chart, the pair is consolidating. The price may break the 3/8 level and continue falling to reach the support at the 0/8 one.

EURUSD2
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 downside line of the VoltyChannel indicator and, as a result, may continue moving downwards.

EURUSD3
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 support at the 0/8 one.

GBPUSD1
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

In the H1 chart, the pair is consolidating. Later, the price may break the 4/8 level and then continue moving downwards to reach the support at the 0/8 one.

GBPUSD2
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 may break the downside line of the VoltyChannel indicator and, as a result, continue moving downwards to reach 1.3793.

GBPUSD1
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

 

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