XAUUSD, “Gold vs US Dollar”
As we can see in the H4 chart, XAUUSD is still testing the support level and forming Hammer and Harami reversal patterns. Judging by the previous movements, it may be assumed that after finishing the correction, the instrument may continue its ascending movement.
NZDUSD, “New Zealand vs. US Dollar”
As we can see in the H4 chart, NZDUSD has been corrected towards the support level and formed Hammer, Long-Legged Doji, and Harami reversal patterns. Judging by the previous movements, it may be assumed that after testing the level, the instrument may continue its growth.
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex bears no responsibility for trading results based on trading recommendations described in these analytical reviews.