EURUSD, “Euro vs. US Dollar”
As we can see in the H4 chart, EURUSD is expected to rebound from the 3/8 level and resume falling towards the support at the 2/8 one.
In the H1 chart, the pair may break the 6/8 level and continue falling towards the support at the 4/8 one.
GBPUSD, “Great Britain Pound vs US Dollar”
As we can see in the H4 chart, GBPUSD is trading inside the “overbought zone”. In this case, the price is expected to break the 8/8 level and continue falling towards the support at the 6/8 one.
In the H1 chart, the pair is also trading inside the “overbought zone” and may start a new decline to reach the target at the 5/8 level.
In the M15 chart, the pair may break the downside line of the VoltyChannel indicator and, as a result, continue moving downwards.
