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Murrey Math Lines 21.12.2021 AUDUSD, NZDUSD

21.12.2021AUDUSD, Australian Dollar vs US DollarAs we can see in the H4 chart, AUDUSD has rebounded from 08. In this case, the price is expected to grow and reach the resistance at 28. However, this scenario may no longer be valid if the price breaks the support at 08 to the downside. After that, the instrument may continue falling towards 18.In the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue trading upwards.NZDUSD, New Zealand Dollar vs US DollarAs we can see in the H4 chart, NZDUSD is trading within the oversold area. In this case, the price is expected to rebound from 18 and then correct upwards to reach the resistance at 08. However, this scenario may no longer be valid if the price breaks the support at 18 to the downside. After that, the instrument may continue falling towards the next support at 28.In the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue its growth.Back to listAttention!Forecasts presented in this section only reflect the authors 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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