Murrey Math Lines 22.05.2018 (AUDUSD, NZDUSD)
AUDUSD, “Australian Dollar vs US Dollar”
In the H4 chart, the pair is consolidating between the 3/8 and 5/8 levels. In this case, the price is expected to grow towards the resistance at the 5/8 level.
In the H1 chart, the price may break the 8/8 level and then continue falling to reach the support at the 6/8 one.
NZDUSD, “New Zealand Dollar vs US Dollar”
In the H4 chart, NZDUSD is expected to break the 2/8 level and then continue growing towards the resistance at the 3/8 one.
In the H1 chart, the pair is consolidating between the 3/8 and 5/8 levels. If the price breaks the 4/8 level, it may continue growing towards the 5/8 one.
As we can see in the M15 chart, the pair has broken the upside line of the VoltyChannel indicator and, as a result, may continue moving upwards.
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