USD CAD, “US Dollar vs Canadian Dollar”
As we can see at the H4 chart, the USD/CAD pair continues falling; it has finished a slight correction with Doji and Engulfing reversal patterns at the top. Right now, we may assume that the pullback is over and the instrument may resume falling.
AUD USD, “Australian Dollar vs US Dollar”
As we can see at the H4 chart, the AUD/USD pair has formed several more Harami, Doji, and Hanging Man reversal patterns at the resistance level, which haven’t been confirmed, and the price is still moving upwards. Based on this, we may assume that the instrument may continue growing despite many reversal signals.
RoboForex Analytical Department