EURUSD, “Euro vs. US Dollar”
As we can see in the H4 chart, EURUSD may test the 0/8 level, rebound from it, and then resume growing towards the 1/8 one.
![EURUSD1](/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=v1526648929)
In the H1 chart, the pair is expected to test the support at the 0/8 level, rebound from it, and then grow to reach the resistance at the 3/8 one.
![EURUSD2](/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=v1526648929)
GBPUSD, “Great Britain Pound vs US Dollar”
In the H4 chart, GBPUSD may break the 2/8 level and then continue falling towards the 1/8 one.
![GBPUSD1](/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=v1526648929)
As we can see in the H1 chart, the pair may move upwards to reach resistance at the 3/8 level in case it breaks the 1/8 one.
![GBPUSD2](/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=v1526648929)
RoboForex Analytical Department