Article By RoboForex.com
AUD USD, “Australian Dollar vs US Dollar”
At the daily chart of AUD USD, the price reached the resistance level. At the H4 chart, the pair formed several reversal patterns. The downside target is the closest support level at 0.7624.
EUR USD, “Euro vs. US Dollar”
At the daily chart of EUR USD, the price completed Hanging Man reversal pattern, which is also confirmed by several patterns from the H4 chart – Stick Sandwich, Long-legged Doji, and Shooting Star. The downside target is the support level at 1.1330.
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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 LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.