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Murrey Math Lines 29.03.2019 (EURUSD, GBPUSD)

EURUSD

On H4, 0/8 breakout may lead to the EUR/USD price rising till the resistance at 3/8.

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

H1 charts show the same Murray levels as H4, thus confirming the prediction mentioned above.

EURUSD2
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

In case VoltyChannel upper line is broken out on M15, the price will be likely to rise.

EURUSD3
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

GBPUSD

On H4, the 3/8 breakout may lead to the GBPUSD price falling till the support at 1/8.

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

On H1, the price is above the consolidation range. The 3/8 is going to get tested, after which the price is likely to bounce and fall to the support at 0/8.

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

On M15, the lower VoltyChannel line has been broken out, which means a downtrend is prevailing.

GBPUSD3

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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