Murrey Math Lines 10.08.2017 (NZD/USD, EUR/JPY)

NZD/USD, “New Zealand Dollar vs US Dollar”

As we can see at the H4 chart, the NZD/USD pair reached the 3/8 level at 0.7263. The price is expected to rebound from this level and start growing towards the 5/8 one level at 0.7385.

At the H1 chart, the price is trading close to the -2/8 level. If the instrument breaks the -1/8 level at 0.7293, it may grow to reach 0.7385.

At the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, move upwards to reach 0.7385.

EUR JPY, “Euro vs Japanese Yen”

At the H4 chart, the EUR/JPY pair is trying to stay above the 5/8 level. If the price fixes above 128.90, it may continue growing to reach the 8/8 level at 131.25.

If the price breaks the 3/8 level at 129.29 at the H1 chart, the instrument may continue moving upwards to reach 131.25.

At the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue growing towards the 131.25.

RoboForex Analytical Department