AUD USD, “Australian Dollar vs US Dollar”
As we can see at the H4 chart, the AUD/USD pair is trading near the support at the 6/8 level. The price is expected to rebound from this level and then resume growing towards the 7/8 one.
At the H1 chart, the pair is consolidating. If later the price breaks the 5/8 level, the instrument may continue growing towards the 8/8 one.
At the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue moving upwards.
NZD USD, “New Zealand Dollar vs US Dollar”
At the H4 chart, the NZD/USD pair is trading inside the “overbought zone” close to the 8/8 level. If later the price breaks it, the instrument may resume falling towards the 7/8 one.
At the H1 chart, the pair may break the 3/8 level and then continue falling towards the 2/8 one.
As we can see at the M15 chart, the pair has broken the downside line of the VoltyChannel indicator and, as a result, may continue moving downwards.
RoboForex Analytical Department