Japanese Candlesticks Analysis 11.04.2018 (USDCAD, AUDUSD)
USDCAD, “US Dollar vs Canadian Dollar”
As we can see in the H4 chart, after breaking the support level one more time, USDCAD has formed several Doji and Hammer reversal patterns and right now is being corrected again. At the moment, it may be assumed that the price may complete the pullback very soon and resume falling.
AUDUSD, “Australian Dollar vs US Dollar”
As we can see in the H4 chart, AUDUSD has reached the resistance level and formed several Shooting Star and Engulfing reversal patterns there. At the moment, it may be assumed that after finishing the correction the instrument may break the level and continue its growth.
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