USD CAD, “US Dollar vs Canadian Dollar”
As we can see at the H4 chart, the USD/CAD pair has completed several Hammer reversal patterns while forming another correction, but the price hasn’t reversed and right now is still falling. At the moment, we may assume that the next pullback won’t be significant and the instrument may continue moving downwards.
AUD USD, “Australian Dollar vs US Dollar”
At the H4 chart, the AUD/USD pair is growing to update its closest high despite Shooting Star and Hanging Man reversal patterns. At the moment, the instrument is expected to form another slight correction and later may continue growing.
RoboForex Analytical Department