EUR USD "Euro to US Dollar"
Euro to US Dollar is traded bellow 4 hour SuperTrends lines. Also price formed pullback from mark 1/8 that indicates on possibility of soon resuming of the pair descending. The nearest target is mark -2/8.
On 1 hour chart, local correction was resisted by mark 2/8, from which pullback was formed recently. So for the short term market descending towards Murray's level -2/8 is possible.
AUD USD "Australian Dollar to US Dollar"
SuperTrends lines formed "bearish cross" that indicates on possibility of resuming of Australian Dollar descending. Because price is traded bellow mark 3/8, then the nearest target is level 0/8, from which beginning of bullish correction is possible in the future.
On 1 hour chart price tries to fix bellow level 1/8. Earlier pullback from level 2/8 was formed that allowed price to fix bellow SuperTrends lines. So further breakage of 0/8 and further descending to line -2/8 are possible.
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