AUDUSD, “Australian Dollar vs US Dollar”

As we can see in the H4 chart, AUDUSD is moving at near 3/8. In this case, the pair is expected to test this level, rebound from it, and then resume falling towards the support at 1/8. However, this scenario may no longer be valid if the price rebounds from 3/8 to the upside. After that, the instrument may continue growing to reach the resistance at 4/8.

In the M15 chart, the pair may break the downside line of the VoltyChannel indicator and, as a result, continue trading downwards.

NZDUSD, “New Zealand Dollar vs US Dollar”

As we can see in the H4 chart, NZDUSD is moving above 5/8. According to the main scenario, the pair is expected to continue growing to reach the resistance at 8/8. However, this scenario may no longer be valid if the price breaks 5/8 downwards. After that, the instrument may start a new decline towards the support at 3/8.

In the M15 chart, the pair may break the upside line of the VoltyChannel indicator and, as a result, continue moving upwards.