XAUUSD, “Gold vs US Dollar”
As we can see in the H4 chart, after breaking the support level, XAUUSD has completed another pullback and formed several Hammer reversal patterns. Judging by the previous movements, it may be assumed that after finishing the correction and testing the next level, the instrument may continue its ascending movement.
NZDUSD, “New Zealand vs. US Dollar”
As we can see in the H4 chart, NZDUSD is still testing the support level and forming Hammer, Doji, and Inverted Hammer reversal patterns. Judging by the previous movements, it may be assumed that after testing the level the instrument may continue its growth.
