USDCAD, “US Dollar vs Canadian Dollar”
As we can see in the H4 chart, USDCAD has finished another correction towards the support level and formed several Engulfing and Hammer reversal patterns there. Judging by the previous movements, right now it may be assumed that the instrument is forming another pullback before starting a new ascending movement.
AUDUSD, “Australian Dollar vs US Dollar”
As we can see in the H4 chart, AUDUSD has completed another correction from the support level and formed Doji and Shooting Star reversal patterns. Judging by the previous movements, it may be assumed that the instrument is being corrected again before continuing the downtrend.
