Murrey Math Lines 12.06.2018 (AUDUSD, NZDUSD)
AUDUSD, “Australian Dollar vs US Dollar”
As we can see in the H4 chart, the pair has broken the 5/8 level and may continue growing to reach the resistance at the 8/8 one.
The lines in the H4 and H1 charts are completely the same. In this case, the price is expected to continue growing towards the resistance at the 8/8 level.
In the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue trading towards 0.7690.
NZDUSD, “New Zealand Dollar vs US Dollar”
As we can see in the H4 chart, NZDUSD has broken the 3/8 level and right now is consolidating. In this case, the price is expected to continue growing towards the resistance at the 5/8 level.
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 trading towards 0.7141.
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.