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