USD CAD, “US Dollar vs Canadian Dollar”
As we can see at the H4 chart, the USD/CAD pair continues falling and forming slight corrections with Engulfing reversal patterns at their tops. After breaking the key support level, the price may resume falling inside the downtrend.
AUD USD, “Australian Dollar vs US Dollar”
As we can see at the H4 chart, the AUD/USD pair has formed several more Doji and Hanging Man reversal patterns, which haven’t been confirmed, and the price is still moving upwards. Based on this, we may assume that the instrument may continue growing despite many reversal signals.
RoboForex Analytical Department