NZDUSD bounced back from significant level on weekly timeframe, and moves correctively up in the daily timeframe along the trendline;
in 4h timeframe, it spiked up forming an impulse, gives the confidence to go long in the setting shown in the chart.
EURAUD drop from significant level on the weekly timeframe, and now retest another significant price level in daily timeframe, could possibly drop after it retests the previous high.
if it falls impulsively from the previous top, then it could continue to drop more; if it falls correctively from the previous top, then it could make another move up.
