Murrey Math Lines 27.03.2018 (AUDUSD, NZDUSD)
AUDUSD, “Australian Dollar vs US Dollar”
In the H4 chart, AUDUSD may break the 3/8 level and then continue growing towards the 5/8 one.
As we can see in the M15 chart, the pair may break the upside line of the VoltyChannel indicator again and, as a result, continue trading upwards to reach 0.7873.
NZDUSD, “New Zealand Dollar vs US Dollar”
In the H4 chart, NZDUSD is expected to test the resistance at the 8/8 level, rebound from it, and then resume falling towards the 6/8 one.
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 may break the downside line of the VoltyChannel indicator and, as a result, continue trading downwards to reach 0.7202.
RoboForex Analytical Department
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.