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Murrey Math Lines 26.03.2019 (AUDUSD, NZDUSD)

26.03.2019

AUDUSD

On H4, the AUDUSD is trading within a consolidation range between 3/8 and 5/8, where the 5/8 breakout may push the price forward to the resistance at 6/8.

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

On H1, the price bounced off the support at 0/8, and now is likely to reach the 3/8 resistance.

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

On M15, the upper VoltyChannel line has been broken out, which makes the price rise even more likely.

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

NZDUSD

On H4, the NZDUSD is above the consolidation range and may reach the 8/8 resistance.

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

Once 5/8 gets broken out on H1, the price may rise further to reach the resistance at 8/8.

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

On M15, the upper VoltyChannel line has been broken out, which makes the price rise even more likely.

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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