Murrey Math Lines 20.03.2018 (AUDUSD, NZDUSD)
AUDUSD, “Australian Dollar vs US Dollar”
In the H4 chart, AUDUSD may break the 2/8 level and then continue falling towards the support at the 1/8 one.
As we can see in the H1 chart, the pair is trading near the support at the 0/8 level. In this case, the price may break the 1/8 level and then move upwards to reach the 3/8 one.
NZDUSD, “New Zealand Dollar vs US Dollar”
In the H4 chart, NZDUSD may break the 6/8 level and then continue falling towards support at the 5/8 one.
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 0.7141.
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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.