Murrey Math Lines 07.11.2017 (NZD/CHF, AUD/JPY)

NZD CHF, “New Zealand Dollar vs Swiss Franc”

As we can see at the H4 chart, the NZD/CHF pair has failed to break the 3/8 level at 0.6927 and fix above it. In this case, the price is expected to continue moving downwards to reach the support at the 0/8 level at 0.6835.

На периоде H1 цена пробила уровень 3/8 (1.3122) и находится под ним. Данное событие подтверждает вероятность дальнейшего снижения цены.

At the M15 chart, the pair may break the downside line of the VoltyChannel indicator and, as a result, continue moving downwards to reach 0.6835.

AUD JPY, “Australian Dollar vs. Japanese Yen”

As we can see at the H4 chart, the AUD/JPY pair has broken the 0/8 level at 87.50 and, as a result, may continue growing towards the 3/8 one at 89.84.

At the H1 chart, the price may break the 5/8 level at 87.69 and break the consolidation channel. If it happens, the instrument may continue moving upwards to reach 89.84.

At the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, may continue growing.

RoboForex Analytical Department