Japanese Candlesticks Analysis 22.02.2019 (USDCAD, AUDUSD)
USDCAD, “US Dollar vs Canadian Dollar”
As we can see in the H4 chart, USDCAD is still falling with slight pullbacks from time to time. By now, it has completed several Harami and Hamer 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 Hammer and Inverted Hammer reversal patterns. Judging by the previous movements, it may be assumed that after completing another correction the instrument may start a new growth.
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