USDCAD, “US Dollar vs Canadian Dollar”
As we can see in the H4 chart, USDCAD has completed another pullback from the resistance level; right now, it is still forming Harami and Hanging Man reversal patterns. Judging by the previous movements, right now it may be assumed that the instrument may complete this pullback and then start a new ascending movement.
AUDUSD, “Australian Dollar vs US Dollar”
As we can see in the H4 chart, AUDUSD is still trading at the support level and forming Engulfing, Hammer, and Inverted Hammer reversal patterns. Judging by the previous movements, it may be assumed that the instrument may complete the correction and then resume moving inside the uptrend.
