USDCAD, “US Dollar vs Canadian Dollar”
As we can see in the H4 chart, after reaching the support level, USDCAD has formed several Harami, Hammer, and Inverted Hammer reversal patterns there. At the moment, it may be assumed that the price may reverse and resume trading to the upside.
AUDUSD, “Australian Dollar vs US Dollar”
As we can see in the H4 chart, AUDUSD has reached the resistance level once again and formed several Shooting Star, Hanging Man, and Engulfing reversal patterns there. At the moment, it may be assumed that these candlesticks indicate that the instrument may be corrected for a while before starting a new growth.
RoboForex Analytical Department