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Murrey Math Lines 22.01.2019 (AUDUSD, NZDUSD)

22.01.2019

AUDUSD, “Australian Dollar vs US Dollar”

As we can see in the H4 chart, AUDUSD is still trading above the 5/8 level and may continue growing towards the resistance at the 8/8 one.

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

In the H1 chart, the pair is moving inside the “oversold zone”. In this case, the price may break the 0/8 level and continue growing to reach the resistance at the 3/8 one.

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

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

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 trading below the 3/8 level. In the future, the price may resume falling towards the 1/8 level.

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

As we can see in the H1 chart, the pair rebounded from the support at the 0/8 level. In this case, the price may break the 1/8 level and continue growing towards the resistance at the 3/8 one.

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

In the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue trading upwards.

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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