Murrey Math Lines: AUD/USD, NZD/USD

RoboForex Team RoboForex

AUDUSD, "Australian Dollar vs US Dollar"

In the H4 chart, AUDUSD may break the 6/8 level and then continue growing towards the resistance at the 7/8 one.

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

As we can see in the H1 chart, the pair is consolidating. In this case, the price may break the 4/8 level and then continue growing towards the resistance at the 6/8 level.

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

e In the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue moving upwards.

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

NZDUSD, "New Zealand Dollar vs US Dollar"

As we can see in the H4 chart, NZDUSD is trading inside the "overbought zone". In this case, the price may break the 8/8 level and continue falling towards the support at the 7/8 one.

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 downside line of the VoltyChannel indicator and, as a result, continue falling.

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

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RoboForex Team

RoboForex

RoboForex Team is a group of professional financial experts with high experience on financial market, whose main purpose is to provide traders with quality and up-to-date market information.

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