Japanese Candlesticks Analysis 05.04.2019 (USDCAD, AUDUSD)
USDCAD, “US Dollar vs Canadian Dollar”
As we can see in the H4 chart, USDCAD is testing the resistance level and forming Doji and Harami reversal patterns. Judging by the previous movements, it may be assumed that the instrument may finish the correction and then resume its ascending movement.
AUDUSD, “Australian Dollar vs US Dollar”
As we can see in the H4 chart, AUDUSD is still trading upwards; right now, it is testing the resistance level and forming Inverted Hammer and Harami reversal patterns. Judging by the previous movements, right now it may be assumed that after finishing the pullback the instrument may start a new growth.
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