AUDUSD, “Australian Dollar vs US Dollar”
In the H4 chart, AUDUSD is consolidating. In this case, the price is expected to fall towards the support at the 3/8 level.
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 trading downwards.
NZDUSD, “New Zealand Dollar vs US Dollar”
In the H4 chart, NZDUSD is trading below the 3/8 level and may continue falling towards the support at the 0/8 one.
The lines in the H4 and H1 charts are completely the same and confirm the scenario described above.
As we can see in the M15 chart, the pair may break the downside line of the VoltyChannel indicator and, as a result, continue trading downwards.
