EUR USD, “Euro vs US Dollar”
The H4 Super Trend provided resistance. Consequently, in the nearest future the market may resume growing to test the 2/8 level.
At the H1 chart, the pair rebounded from the 5/8 level. Super Trends are still influenced by “bullish cross”. As a result, in the nearest future the market may break the local high.
NZD USD, “New Zealand Dollar vs US Dollar”
The NZD/USD pair rebounded from the 1/8 level and managed to fix above the 3/8 one. In this case, the price may continue growing towards the 5/8 level. If later the pair rebounds from this level, the market may start a new descending correction.
At the H1 chart, the pair may test the 6/8 level once again. If the price rebounds from this level, the market may resume moving upwards to reach the 2/8 one.
RoboForex Analytical Department