Murrey Math Lines 15.05.2018 (AUDUSD, NZDUSD)
AUDUSD, “Australian Dollar vs US Dollar”
In the H4 chart, AUDUSD may break the 3/8 level and then continue falling towards the support at the 2/8 one.
In the H1 chart, the price may test the 5/8 level, break it, and then continue growing to reach the resistance at the 8/8 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”
In the H4 chart, NZDUSD is expected to break the 1/8 level and then continue falling towards the support at the 0/8 one.
In the H1 chart, the pair may test the resistance at the 3/8 level, rebound from it, and then resume trading to the downside 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 moving downwards.
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