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Murrey Math Lines 25.01.2019 (EURUSD, GBPUSD)

25.01.2019

EURUSD, “Euro vs. US Dollar”

As we can see in the H4 chart, EURUSD has rebounded from the 1/8 level and may resume growing towards the resistance at the 3/8 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 may break the 3/8 level and continue growing towards the resistance at the 6/8 one.

EURUSD2
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 moving upwards.

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”

As we can see in the H4 chart, GBPUSD is expected to test the 8/8 level, rebound from it, and then resume falling towards the support at the 7/8 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 may test the resistance at the 8/8 level, rebound from it, and then start a new decline to reach the 5/8 one.

GBPUSD2
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

Attention!

Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.


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