Japanese Candlestick Analysis for USDCAD and AUDUSD: 18.09.2018
18.09.2018
USDCAD
On H4, the USDCAD has corrected to reach the support, where it continues forming reversal patterns, such as doji, engulfing patterns, and hammer. This looks like a pullback before the new wave of the ascending trend.
AUDUSD
On H4, the pair pulled back off the support and formed such reversal patters as hammer, inverted hammer, and the engulfing pattern. This may be yet another pullback before the new ascending trend.
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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.