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Murrey Math Lines 28.09.2021 AUDUSD, NZDUSD

28.09.2021AUDUSD, Australian Dollar vs US DollarIn the H4 chart, AUDUSD is consolidating between 38 and 58. In this case, the price is expected to break test 48, break it, and then continue moving upwards to reach the resistance at 58. However, this scenario may no longer be valid if the price breaks 38 to the downside. After that, the instrument may reverse and fall towards the support at 28.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 trading upwards.NZDUSD, New Zealand Dollar vs US DollarAs we can see in the H4 chart, NZDUSD is testing the resistance at 38 again. In this case, the price is expected to break this level and continue growing to reach the resistance at 48. However, this scenario may no longer be valid if the price breaks 28 to the downside. In this case, the instrument may continue falling towards the support at 18.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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