Murrey Math Lines: NZD/USD, NZD/CAD

RoboForex Team RoboForex

NZDUSD, "New Zealand Dollar vs US Dollar"

As we can see at the H4 chart, the NZD/USD pair is trading between the 3/8 and 5/8 levels. By now, the price has rebounded from the 3/8 level at 0.7263. The upside target is at the 5/8 one at 0.7385.

At the H1 chart, the price has broken the 3/8 level at 0.7293 to the upside and may continue growing to reach 0.7385.

At the M15 chart, the pair has broken the upside line of the VoltyChannel indicator and, as a result, may move upwards to reach 0.7385.

NZDCAD, "New Zealand Dollar vs Canadian Dollar"

As we can see at the H4 chart, the NZD/CAD pair has broken the 0/8 level at 0.9277 to the upside and may continue growing towards the 3/8 one at 0.9460.

At the H1 chart, the price may return to the 0/8 level, rebound from it, and then resume moving upwards to reach 0.9460.

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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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