Murrey Level Analysis for AUD/USD and NZD/USD: July 24, 2018

24 июля 2018 - Fx4News

AUD/USD

On H4, 2/8 breakout may lead to the AUD/USD price rising till 3/8.

AUDUSD1
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

On H1, the pair is trading within a consolidation range between 3/8 and 5/8. Now, once 3/8 gets broken out, the price may fall further to reach the support at 0/8. Once 5/8 gets broken out, the price may start moving higher to reach the resistance at 8/8.

AUDUSD2
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

NZD/USD

On H4, the NZD/USD is trading within a consolidation range. Once the price bounces off 3/8, it may rise further to reach the resistance at 5/8.

NZDUSD1
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

On H1, the price is inside a consolidation range; however, 5/8 breakout is likely, which may lead to the price heading further up towards 8/8.

NZDUSD2
Risk Warning: the result of previous trading operations do not guarantee the same results in the future