AUDUSD, “Australian Dollar vs US Dollar”
In the H4 chart, the pair is expected to test the 3/8 level, rebound from it, and then resume falling towards the support at the 1/8 one.
As we can see in the H1 chart, the pair is consolidating between the 3/8 and 5/8 levels. Later, the price may test the 6/8 level, rebound from it, and then resume trading downwards to reach the 3/8 one.
NZDUSD, “New Zealand Dollar vs US Dollar”
As we can see in the H4 chart, NZDUSD is consolidating. In this case, the instrument may continue growing towards the 5/8 level.
In the H1 chart, the pair may break the 8/8 level and then continue trading to reach the support at the 5/8 one.
