EURUSD, “Euro vs. US Dollar”
In the H4 chart, EURUSD is expected to test the 5/8 level, rebound from it, and then resume growing towards the resistance at the 8/8 one.
In the H1 chart, the price is trading below the 3/8 level and may continue falling towards the support at the 0/8 one. If the price breaks the 3/8 level, the above-mentioned scenario will be cancelled.
GBPUSD, “Great Britain Pound vs US Dollar”
In the H4 chart, GBPUSD may continue falling towards the support at the 0/8 level.
In the H1 chart, the price is trading below the 3/8 level and may continue falling towards the support at the 0/8 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.
