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Murrey Math Lines 19.06.2018 (AUDUSD, NZDUSD)

19.06.2018

AUDUSD, “Australian Dollar vs US Dollar”

As we can see in the H4 chart, the pair is expected to fall to reach the support at the 0/8 level.

AUDUSD1
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

The lines in the H4 and H1 charts are completely the same and confirm the scenario described above.

AUDUSD2
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

As we can see in the M15 chart, the pair has broken the downside line of the VoltyChannel indicator and, as a result, may continue moving downwards.

AUDUSD3
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

 

NZDUSD, “New Zealand Dollar vs US Dollar”

In the H4 chart, NZDUSD is consolidating between the 3/8 and 5/8 levels. In this case, the price is expected to break the 3/8 level and then continue falling towards the support at the 0/8 one.

NZDUSD1
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

The lines in the H4 and H1 charts are completely the same. In this case, the price is expected to break the 3/8 level and then continue trading to reach 0.6835.

NZDUSD2
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

As we can see in the M15 chart, the pair has broken the downside line of the VoltyChannel indicator and, as a result, may continue trading downwards.

NZDUSD3
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

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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