USD CAD, “US Dollar vs Canadian Dollar”
At the H4 chart of USD CAD, the price has completed the correction and right now we can see a new decline, which is confirmed by Engulfing, Long-Legged Doji, Hanging Man, and Shooting Star patterns. The downside target is at 1.2500.
NZD USD, “New Zealand Dollar vs. US Dollar”
As we can see at the H4 chart of NZD USD, the price is constantly forming Engulfing reversal patterns at the correction tops to confirm its decline, and the current pullback is no exception. The downside target is at 0.7272.
RoboForex Analytical Department