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Murrey Level Analysis for AUD/USD and NZD/USD: July 17, 2018

17.07.2018

AUD/USD

On H4, 2/8 breakout may lead to the AUD/USD price rising till 3/8.

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

On H1, if 5/8 gets broken out, the odds that the price will rise till the resistance at 8/8 will get higher.

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

In case VoltyChannel is broken out on M15, the price will be likely to rise to 0.7507.

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

NZD/USD

On H4, the NZD/USD is trading within a consolidation range, while we can expect the price to rise to 5/8.

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

On H1, the price may well fall to the support at 5/8 in case 7/8 gets broken out.

NZDUSD2
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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