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Japanese Candlesticks Analysis 21.06.2018 (USDCAD, AUDUSD)

21 june 2018 - Fx4News

USDCAD, “US Dollar vs Canadian Dollar”

As we can see in the H4 chart, USDCAD is testing the resistance level and forming Shooting Star and Doji reversal patterns. Judging by the previous movements, at the moment it may be assumed that the instrument may form several more reversal patterns and then continue falling.

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

 

AUDUSD, “Australian Dollar vs US Dollar”

As we can see in the H4 chart, AUDUSD is still testing the support level and forming several Hammer, Doji, and Inverted Hammer reversal patterns. Judging by the previous movements, it may be assumed that the instrument may rebound from the level again.

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

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