Japanese Candlesticks Analysis 20.08.2018 (USDCAD, AUDUSD)
USDCAD, “US Dollar vs Canadian Dollar”
As we can see in the H4 chart, USDCAD has formed another correction with Hammer and Inverted Hammer reversal patterns. Judging by the previous movements, right now it may be assumed that the instrument continues forming a new ascending tendency.
AUDUSD, “Australian Dollar vs US Dollar”
As we can see in the H4 chart, AUDUSD has rebounded from the support level once again and formed several Hammer, Inverted Hammer, and Doji reversal patterns. Judging by the previous movements, it may be assumed that the instrument is forming a new ascending tendency.
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