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Murrey Math Lines 14.08.2017 (USD/CHF, USD/JPY)

USD CHF, “US Dollar vs Swiss Franc”

At the H4 chart, the USD/CHF pair is still moving to reach the target at the 8/8 level at 0.9765.

As we can see at the H1 chart, the pair may break the 5/8 level at 0.9674 and, as a result, break the consolidation range. In this case, the price may continue growing to reach 0.9765.

 

USD JPY, “US Dollar vs. Japanese Yen”

As we can see at the H4 chart, the USD/JPY pair has been finally broken the 0/8 level at 109.37, which means that the price may start growing with the first target at the 3/8 level at 111.71.

At the H1 chart, the price broke the 0/8 level at 109.37 as well and has been moving above it ever since. If the pair returns to this level, there will be another chance to open a long position with the first upside target at 111.71.

 

RoboForex Analytical Department

 


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