AUD USD, “Australian Dollar vs US Dollar”
At the H4 chart, the AUD/USD pair attempted to break the 5/8 level on several occasions, but failed each time. Nevertheless, the situation is quite the same right now and the price may try to break this level once again. The pair is expected to break the 5/8 level (0.7629) and then grow to reach the 6/8 one (0.7690).
As we can see at the H1 chart, the pair may break the 7/8 level (0.7614) and continue growing to reach the next target at 0.7690.
At the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue moving upwards to reach 0.7690.
NZD USD, “New Zealand Dollar vs US Dollar”
At the H4 chart, the NZD/USD pair moved away from the support at the 0/8 level (0.6835) and right now is growing towards the target at the 3/8 one (0.7019).
As we can see at the H1 chart, the pair has broken the 3/8 level (0.6937) and may continue growing to reach the main target at 0.7019.
As we can see at the M15 chart, the pair has broken the upside line of the VoltyChannel indicator and, as a result, may continue moving upwards to reach 0.7019.
RoboForex Analytical Department
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.