Murrey Math Lines 19.06.2018 (AUDUSD, NZDUSD)
AUDUSD, “Australian Dollar vs US Dollar”
As we can see in the H4 chart, the pair is expected to fall to reach the support at the 0/8 level.
The lines in the H4 and H1 charts are completely the same and confirm the scenario described above.
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.
NZDUSD, “New Zealand Dollar vs US Dollar”
In the H4 chart, NZDUSD is consolidating between the 3/8 and 5/8 levels. In this case, the price is expected to break the 3/8 level and then continue falling towards the support at the 0/8 one.
The lines in the H4 and H1 charts are completely the same. In this case, the price is expected to break the 3/8 level and then continue trading to reach 0.6835.
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.
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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