- Aug 6, 2019
Japanese Candlesticks Analysis 14.05.2020 (USDCAD, AUDUSD, USDCHF)
USDCAD, “US Dollar vs Canadian Dollar”
As we can see in the H4 chart, the ascending tendency continues. By now, USDCAD has formed a Shooting Star pattern not far from the resistance level. However, the pair is not expected to reverse. Probably, the price may correct for a while and then resume growing towards 1.4141. Later, after testing 1.4141, the market may form a reversal pattern and rebound from the above-mentioned level.
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