USD/CAD: 55 Moving Average acting as support
There's a bullish 'Hammer', which has been confirmed by the following 'Three Methods' pattern. In this case...
USD/JPY: bears going to deliver new local low
There’s a bullish “Hammer”, which hasn’t been confirmed. Also, the last candles are bearish, so the market is likely going to decline towards the nearest “Window”. If any bullish pattern arrives afterwards, there’ll be an opportunity to have a bullish correction.
The price is consolidating, so the upper “Window” is acting as a resistance. In this case, bears are likely going to deliver a new local low during the day.
Anastasia Mileshkina
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AUD/CAD falling inside impulse waves 3 and (C)
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