Japanese Candlesticks Analysis 02.04.2018 (GOLD, NZDUSD)
XAUUSD, “Gold vs US Dollar”
As we can see in the H4 chart, after rebounding from the resistance level, XAUUSD has been corrected and formed Harami reversal pattern. At the moment, it may be assumed that the pullback is over and the instrument may resume falling.
NZDUSD, “New Zealand vs. US Dollar”
As we can see in the H4 chart, NZDUSD has formed several Harami reversal patterns. Right now, it may be assumed that these candlesticks, which were formed while the price was moving sideways, may indicate both a new decline and a new growth, but judging by the previous movements, the instrument may choose to continue moving downwards.
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