AUD USD, “Australian Dollar vs US Dollar”
As we can see at the H4 chart, the AUD/USD pair has broken the 5/8 level (0.7629) and left the consolidation range. In the future, the price is expected to continue growing to reach the main target – the resistance at the 8/8 level (0.7812).
At the H1 chart, the pair wasn’t consolidating before starting a new impulse last night. It may result in a correction towards the 4/8 and 3/8 levels (0.7629 and 0.7614 respectively) and a new growth afterwards.
As we can see at the M15 chart, the pair has broken the upside line of the VoltyChannel indicator and, as a result, continue moving upwards.
NZD USD, “New Zealand Dollar vs US Dollar”
As we can see at the H4 chart, the NZD/USD pair has rebounded from the support at the 0/8 level (0.6835) and right now is trading close to the 1/8 one. In this case, the instrument is highly expected to continue growing with the first target at the 3/8 level (0.7019).
At the H1 chart, the pair is consolidating between the 3/8 and 5/8 levels. If the price breaks the upper border at the 5/8 level (0.6912), the instrument may continue growing to reach the resistance at the 8/8 one (0.6958).
As we can see at the M15 chart, the pair has broken the upside line of the VoltyChannel indicator and, as a result, may continue moving to the upside.
RoboForex Analytical Department