EURUSD, “Euro vs. US Dollar”
As we can see in the H4 chart, the pair rebounded from the resistance at the 3/8 level yesterday and may start a new decline to reach the support at the 1/8 one.
In the H1 chart, EURUSD may break the 5/8 level and continue falling towards the support at the 0/8 one.
In the M15 chart, the pair may break the downside line of the VoltyChannel indicator and, as a result, continue trading downwards.
GBPUSD, “Great Britain Pound vs US Dollar”
As we can see in the H4 chart, GBPUSD has rebounded from the resistance at the 5/8 level and may resume falling towards the support at the 3/8 one.
In the H1 chart, the pair may break the 5/8 level and continue falling towards the support at the 3/8 one.
As we can see in the M15 chart, the pair has broken the downside line of the VoltyChannel indicator and, as a result, may continue moving downwards.
