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Murrey Math Lines 28.11.2017 (AUD/USD, NZD/USD)

28.11.2017

AUD USD, “Australian Dollar vs US Dollar”

At the H4 chart, the AUD/USD pair attempted to break the 5/8 level on several occasions, but failed each time. Nevertheless, the situation is quite the same right now and the price may try to break this level once again. The pair is expected to break the 5/8 level (0.7629) and then grow to reach the 6/8 one (0.7690).

AUDUSD1

As we can see at the H1 chart, the pair may break the 7/8 level (0.7614) and continue growing to reach the next target at 0.7690.

AUDUSD2

At the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue moving upwards to reach 0.7690.

AUDUSD3

 

NZD USD, “New Zealand Dollar vs US Dollar”

At the H4 chart, the NZD/USD pair moved away from the support at the 0/8 level (0.6835) and right now is growing towards the target at the 3/8 one (0.7019).

NZDUSD1

As we can see at the H1 chart, the pair has broken the 3/8 level (0.6937) and may continue growing to reach the main target at 0.7019.

NZDUSD2

As we can see at the M15 chart, the pair has broken the upside line of the VoltyChannel indicator and, as a result, may continue moving upwards to reach 0.7019.

NZDUSD3

 

RoboForex Analytical Department

 

Attention!

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.



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