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Japanese Candlesticks Analysis 21.02.2019 (GOLD, NZDUSD)

21 february 2019 - Fx4News

XAUUSD, “Gold vs US Dollar”

As we can see in the H4 chart, XAUUSD has once again broken the resistance level and formed several Shooting Star and Hanging Man reversal patterns. Judging by the previous movements, it may be assumed that after finishing the correction the instrument may continue its ascending movement.

GOLD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

NZDUSD, “New Zealand vs. US Dollar”

As we can see in the H4 chart, NZDUSD is still trading close to the resistance level and forming Hanging Man, Doji, and Harami reversal patterns. Judging by the previous movements, it may be assumed that the instrument may complete another correction and then continue its growth.

NZDUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

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