Murrey Math Lines 15.09.2020 (AUDUSD, NZDUSD)

2020-09-15 21:04    RoboForex

AUDUSD, “Australian Dollar vs US Dollar”

As we can see in the H4 chart, AUDUSD is moving not far from the “overbought area”. In this case, the pair is expected to rebound from 8/8 and resume falling to reach the support at 5/8. However, this scenario may be canceled if the price breaks 8/8 to the upside. After that, the instrument may continue growing towards the resistance at +1/8.

Murrey Math Lines 15.09.2020 (AUDUSD, NZDUSD) Institution Opinions 1
Murrey Math Lines 15.09.2020 (AUDUSD, NZDUSD) Institution Opinions 2

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

Murrey Math Lines 15.09.2020 (AUDUSD, NZDUSD) Institution Opinions 3
Murrey Math Lines 15.09.2020 (AUDUSD, NZDUSD) Institution Opinions 4

NZDUSD, “New Zealand Dollar vs US Dollar”

In the H4 chart, after rebounding from 5/8, NZDUSD is expected to continue trading upwards to reach the resistance at 7/8. However, this scenario may no longer be valid if the price breaks 5/8 to the downside. After that, the instrument may continue falling towards the support at 4/8.


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 upside line of the VoltyChannel indicator and, as a result, may continue moving upwards to reach 7/8 from the H4 chart.

NZDUSD_M15
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

AUD

0 traders reviewed this item, please leave a reply!

About FXYEAH | Broker Listing | Contribute | Contact Us | Sitemap | TagCloud
Disclaimer: All contents of site are only for your reference, don't suggest you do any investment decision, you should be responsible for your decision.