XAUUSD, “Gold vs US Dollar”
As we can see in the H4 chart, after breaking the support level, XAUUSD has formed several Hammer and Inverted Hammer reversal patterns. Judging by the previous movements, it may be assumed that the price may trying to rebound and start a new ascending tendency.
NZDUSD, “New Zealand vs. US Dollar”
As we can see in the H4 chart, after reaching the support level, NZDUSD has formed several Hammer and Inverted Hammer reversal patterns. At the moment, it may be assumed that the instrument may complete the pullback and continue the uptrend.
