Murrey Math Lines: AUD/USD, NZD/USD

RoboForex Team RoboForex

AUDUSD, “Australian Dollar vs US Dollar”

As we can see in the H4 chart, AUDUSD is trading above the 5/8 level and may continue growing towards the resistance at the 8/8 one.

In the H1 chart, the pair may break the 5/8 level and continue its growth to reach the resistance at the 8/8 one.

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

NZDUSD, “New Zealand Dollar vs US Dollar”

In the H4 chart, NZDUSD may break the 2/8 level and continue growing towards the resistance at the 4/8 one.

As we can see in the H1 chart, there has been a false breakout of the 3/8 level. In this case, the pair is expected to trade upwards to reach the resistance at the 8/8 one.

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

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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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