USDCAD, “US Dollar vs Canadian Dollar”
As we can see in the H4 chart, USDCAD is still falling with slight pullbacks from time to time; right now, it is testing the support level and forming Engulfing, Doji, and Inverted Hammer reversal patterns. Judging by the previous movements, it may be assumed that the instrument may finish another correction and then resume its descending movement.
AUDUSD, “Australian Dollar vs US Dollar”
As we can see in the H4 chart, AUDUSD is trading close to the resistance level and forming Hanging Man, Shooting Star, and Doji reversal patterns. Judging by the previous movements, it may be assumed that after completing another correction the instrument may start a new growth.
