Murrey Math Lines 04.09.2018 (AUDUSD, NZDUSD)
AUDUSD, “Australian Dollar vs US Dollar”
In the H4 chart, AUDUSD is expected to test the 3/8 level, rebound from it, and then resume falling towards the support at the 1/8 one.
In the M15 chart, the pair may break the downside line of the VoltyChannel indicator and, as a result, may continue moving downwards to reach 0.7141.
NZDUSD, “New Zealand Dollar vs US Dollar”
In the H4 chart, NZDUSD is expected to continue growing towards the resistance at the 3/8 level.
In the H1 chart, the instrument may break the 1/8 level and then continue trading upwards to reach the 3/8 one.
In the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, may continue moving upwards.
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews.
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