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Murrey Math Lines 15.11.2021 EURUSD, GBPUSD

EURUSD, Euro vs US DollarAs we can see in the H4 chart, EURUSD is trading within the oversold area. In this case, the price is expected to test 08, break it, and then continue growing to reach the resistance at 28. Still, this scenario may no longer be valid if the price breaks 18 to the downside. After that, the instrument may fall towards the support at 28.In the M15 chart, the pair may break the downside line of the VoltyChannel indicator and, as a result, continue its growth.GBPUSD, Great Britain Pound vs US DollarIn the H4 chart, after breaking 08 and leaving the oversold area, GBPUSD is expected to continue growing towards the resistance at 28. However, this scenario may no longer be valid if the price breaks 08 to the downside. After that, the instrument may continue falling to reach the support at 28.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.

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