EURUSD, “Euro vs US Dollar”
As
we can see at the H4 chart, Eurodollar continues falling inside the
downtrend to reach its main target at level of 1.1120. The local target
of the continuation pattern is at 1.1420. After reaching this target,
the pair may form a correction towards level of 1.1850 (at least) and
then continue falling towards the main target. If the price continue
falling without any corrections, it may extend this up to level of
0.9330.
GBPUSD, “Great Britain Pound vs US Dollar”
As we can see at the H1 chart, Pound is trying to start a correction;
which may reach level of 1.5300. After that, the price may continue
falling towards level of 1.5000 and then start a higher correction.
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