Murrey Math Lines: AUD/USD, NZD/USD
|AUDUSD, “Australian Dollar vs US Dollar”
In the H4 chart, AUDUSD is expected to break the 6/8 level and then continue falling towards the support at the 5/8 one.
As we can see in the M15 chart, the pair has broken the downside line of the VoltyChannel indicator and, as a result, may continue trading downwards.
NZDUSD, “New Zealand Dollar vs US Dollar”
As we can see in the H4 chart, NZDUSD is no longer trading inside the “overbought zone” and may continue falling towards the 6/8 level.
In the H1 chart, the pair may break the 3/8 level and continue its decline to reach the support at the 0/8 one.
As we can see in the M15 chart, the pair has broken the downside line of the VoltyChannel indicator and, as a result, may continue trading downwards.
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