USD CHF, “US Dollar vs Swiss Franc”
At the H4 chart, the USD/CHF pair is trading inside the “overbought zone” above the 8/8 level. If the price breaks the +1/8 level at 0.9826, it may resume moving downwards to reach the 5/8 one at 0.9582.
As we can see at the H1 chart, the pair has rebounded from the 3/8 level at 0.9857. Later, the price is expected to continue falling.
At the M15 chart, the pair may break the downside line of the VoltyChannel indicator and, as a result, continue trading to the downside towards 0.9582.
USD CAD, “US Dollar vs Canadian Dollar”
At the H4 chart, the USD/CAD pair is expected to test the resistance at the 8/8 level at 1.2695, rebound from it, and then resume falling towards the 5/8 one at 1.2329.
At the M15 chart, the pair may break the downside line of the VoltyChannel indicator and, as a result, resume moving downwards to reach 1.2329 without testing 1.2695.
RoboForex Analytical Department