Murrey Math Lines 25.12.2018 (AUDUSD, NZDUSD)
AUDUSD, “Australian Dollar vs US Dollar”
In the H4 chart, AUDUSD is consolidating. If the pair breaks the 4/8 level, it may continue growing towards the resistance at the 7/8 one.
As we can see in the H1 chart, the pair is trading inside the “oversold zone”. In this case, the price may break the 0/8 level and then continue growing towards the resistance at the 3/8 one.
In the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue moving upwards.
NZDUSD, “New Zealand Dollar vs US Dollar”
In the H4 chart, NZDUSD is expected to continue growing towards the resistance at the 3/8 one.
As we can see in the H1 chart, the pair has rebounded from the support at the 0/8 level and may resume growing towards the resistance at the 3/8 one.
In the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue moving upwards.
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