Murray Math Lines: USD/CAD, NZD/USD
|USD/CAD
The H4-chart shows that the USD/CAD pair is trading within the buying area between -1/8 and -2/8 levels. If price breaks through -1/8 level (1.2573), this can trigger a possible rise towards 3/8 level (1.3061).
The price stands at 5/8 level (1.2512) on the H1-chart. If this level is rebounded from, a further rise towards 8/8 level is possible. If this happens, the pair can move higher towards 1.3061.
The upper line of VoltyChannel indicator has been broken on the M15 chart, however, the pair is moving below the indicator line. Therefore, it is better to wait for a breakout of 1.2532 level. If this happens, the pair can easily move higher towards 1.3061.
NZD/USD
The NZD/USD pair has broken through the 5/8 level (0.7385), and this clears the way for further upward leg towards the 8/8 level (0.7568).
A breakout of the 8/8 level (0.7463) on the H1-chart can trigger a rise towards 0.7568.
The M15-chart shows that a breakout of the upper line of VoltyChannel indicator is being awaited. If this line is indeed broken, it will be better to wait for hitting the 0.7446 level. As the result, the pair can move higher towards 0.7568.
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