Murrey Math Lines 13.09.2017 (NZD/USD, XAU/USD)

Article By RoboForex.com

NZD USD, “New Zealand Dollar vs US Dollar”

As we can see at the H4 chart, the NZD/USD pair has fixed below the 3/8 level at 0.7263. Later, the price is expected to continue growing to reach the 5/8 level at 0.7385.

At the M15 chart, the price has broken the upside line of the VoltyChannel indicator. In this case, the pair may continue moving upwards to reach 0.7385.


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XAU USD, “Gold vs US Dollar”

At the H4 chart, the XAU/USD pair is trading above the 5/8 level at 1328.13. The price is expected to break it and then continue falling towards the downside border of the consolidation channel at the 3/8 level at 1296.08.

As we can see at the H1 chart, the price has broken the 3/8 level at 1335.94 and left the consolidation range between the above-mentioned level and the 5/8 one. In this case, the pair may continue falling to reach 1296.08.

At the M15 chart, the price may break the downside line of the VoltyChannel indicator and, as a result, continue moving downwards to reach 1296.08.

 

RoboForex Analytical Department

Article By RoboForex.com

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