EURUSD, “Euro vs. US Dollar”
In the H4 chart, EURUSD is expected to test the 3/8 level, rebound from it, and then resume falling towards the support at the 1/8 one.
The lines in the H4 and H1 charts are completely the same and confirm the scenario described above.
As we can see in the M15 chart, the pair may break the downside line of the VoltyChannel indicator and, as a result, continue moving downwards to reach 1.2023.
GBPUSD, “Great Britain Pound vs US Dollar”
In the H4 chart, the pair is expected to continue falling towards the support at the 0/8 level.
The lines in the H4 and H1 charts are completely the same and confirm the scenario described above.
RoboForex Analytical Department