XAU USD, “Gold vs US Dollar”
After forming several Harami and Engulfing reversal patterns at the H4 chart, the XAU/USD pair started a new correction. The price is moving inside the uptrend, so we may assume that the correction won’t be too serious and the instrument may continue its growth a bit later.
NZD USD, “New Zealand vs. US Dollar”
After forming several Shooting Star and Hanging Man reversal patterns at the H4 chart, the NZD/USD pair started another correction. Judging by earlier movements, we may assume that after finishing the correction the instrument will continue growing to update its closest highs.
RoboForex Analytical Department