Japanese Candlestick Analysis for USDCAD and AUDUSD: 26.09.2018
USDCAD
On H4, the USDCAD is continuing to correct, where it is forming reversal patterns, such as doji, harami, and hammer. This looks like a pullback before the new wave of the ascending trend.
AUDUSD
On H4, the pair bounced off the support and continues rising. The price has approached the resistance and is now forming the Hanging Man and Doji patters. By analyzing the previous moves, one can assume the pair may break out and start forming a new uptrend.
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