USDCAD, “US Dollar vs Canadian Dollar”
As we can see in the H4 chart, USDCAD is once again testing the resistance level and forming Hanging Man and Shooting Star 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 still trading close to the support level and forming Inverted Hammer, Harami, 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.
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews.
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