AUDUSD, “Australian Dollar vs US Dollar”
As we can see in the H4 chart, the pair may break the 2/8 level and then continue growing towards the resistance at the 3/8 one.
In the H1 chart, the pair may break the support at the 2/8 level and then fall towards the 0/8 one.
NZDUSD, “New Zealand Dollar vs US Dollar”
In the H4 chart, NZDUSD is expected to continue falling towards the support at the 0/8 level.
In the H1 chart, the pair may test the 3/8 level, rebound from it, and then continue trading to reach the 0/8 one.
As we can see in the M15 chart, the pair has broken the downside line of the VoltyChannel indicator and, as a result, may continue trading downwards.
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.