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Murrey Math Lines 25.08.2017 (AUD/NZD, NZD/CAD)

AUD NZD, “Australian Dollar vs New Zealand Dollar”

At the H4 chart, the AUD/NZD pair is trading close to the 2/8 level at 1.0986. Later, the price is expected to rebound from the 2/8 level and resume falling towards the 5/8 one at 1.0376.

At the H1 chart, the pair may reach the 8/8 level at 1.0986, rebound from it, and then continue falling to reach 1.0376.

At the M15 chart, the price may break the downside line of the VoltyChannel indicator and, as a result, continue falling towards 1.0376.

 

NZD CAD, “New Zealand Dollar vs Canadian Dollar”

At the H4 chart, the NZD/CAD pair is trading below the 0/8 level. If the price breaks the support at the 0/8 level at 0.9033, it may grow towards the 3/8 one at 0.9216.

At the H1 chart, the pair is also moving below the support at the 0/8 level at 0.9033. If the price breaks this level. it may continue growing to reach 0.9216.

As we can see at the M15 chart, the price has broken the upside line of the VoltyChannel indicator. The pair is expected to break 0.9033. In this case, the instrument may continue moving upwards to reach 0.9216.

 

RoboForex Analytical Department

 


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