Japanese Candlesticks Analysis 24.04.2018 (USDCAD, AUDUSD)
USDCAD, “US Dollar vs Canadian Dollar”
As we can see in the H4 chart, after reaching the resistance level, USDCAD has formed several Doji and Shooting Star reversal patterns there. At the moment, it may be assumed that the price may be corrected for a while before starting a new growth.
AUDUSD, “Australian Dollar vs US Dollar”
As we can see in the H4 chart, AUDUSD has reached the support level and formed several Hammer and Inverted Hammer reversal patterns there. At the moment, it may be assumed that these candlesticks indicate that the instrument may reverse.
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