Japanese Candlestick Analysis for USDCAD and AUDUSD: 21.09.2018
21.09.2018
USDCAD
On H4, the USDCAD is moving towards the the support, where it continues 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 reached the resistance and is now forming the Hanging Man and Doji patters. This may mean 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.