AUDUSD, “Australian Dollar vs US Dollar”
As we can see in the H4 chart, AUDUSD is moving at 3/8. In this case, the pair may break this level and then continue growing towards the resistance at 5/8. However, this scenario may no longer be valid if the price breaks 2/8. After that, the instrument may continue falling to reach the support at 0/8.
In the M15 chart, the pair may break the upside line of the VoltyChannel indicator again and, as a result, continue trading upwards to reach 5/8 from the H4 chart.
NZDUSD, “New Zealand Dollar vs US Dollar”
In the H4 chart, NZDUSD is moving below 3/8. In this case, the pair is expected to test 0/8, rebound from it, and then resume growing to reach the resistance at 3/8. However, this scenario may be canceled if the price breaks 2/8. After that, the instrument may continue growing towards the resistance at 4/8.
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.
