AUDUSD, “Australian Dollar vs US Dollar”
In the H4 chart, AUDUSD is trading inside the “oversold zone”. In this case, the pair is expected to break the 0/8 level and continue growing towards the 3/8 one.
As we can see in the H1 chart, the instrument is consolidating. Later, the pair may break the 3/8 level and continue trading downwards to reach the support at the 0/8 one.
NZDUSD, “New Zealand Dollar vs US Dollar”
As we can see in the H4 chart, NZDUSD has broken the 3/8 and right now is trading below it. In this case, the price is expected to continue falling towards the support at the 0/8 level.
In the H1 chart, the instrument may break the 5/8 level and continue trading downwards to reach the support at the 3/8 one.
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.
