USDCHF, “US Dollar vs Swiss Franc”
In the H4 chart, USDCHF may break the 7/8 level and continue growing to reach the resistance at the 8/8 level.
![USDCHF1](/upload/content/medium/1.PNG)
![Risk Warning: the result of previous trading operations do not guarantee the same results in the future](/upload/content/medium/en.png?version=v1539842722)
In the H1 chart, USDCHF may rebound from the resistance at the 8/8 level and then continue falling towards the 5/8 one.
![USDCHF2](/upload/content/medium/2.PNG)
![Risk Warning: the result of previous trading operations do not guarantee the same results in the future](/upload/content/medium/en.png?version=v1539842722)
XAUUSD, “Gold vs US Dollar”
As we can see in the H4 chart, the pair is consolidating. In this case, the price may resume trading downwards to reach the 3/8 level.
![GOLD1](/upload/content/medium/4.png)
![Risk Warning: the result of previous trading operations do not guarantee the same results in the future](/upload/content/medium/en.png?version=v1539842722)
The lines in the H4 and H1 charts are completely the same and confirm the scenario described above.
![GOLD2](/upload/content/medium/5.png)
![Risk Warning: the result of previous trading operations do not guarantee the same results in the future](/upload/content/medium/en.png?version=v1539842722)
In the M15 chart, the pair may break the downside line of the VoltyChannel indicator and, as a result, continue moving downwards.
![GOLD3](/upload/content/medium/6.png)
![Risk Warning: the result of previous trading operations do not guarantee the same results in the future](/upload/content/medium/en.png?version=v1539842722)