EURUSD, “Euro vs. US Dollar”
As we can see in the H4 chart, EURUSD has completed a slight pullback and formed Hammer, Doji, and Inverted Hammer reversal patterns. Judging by the previous movements, at the moment it may be assumed that after finishing the correction and testing the level, the instrument may resume moving to the upside.
USDJPY, “US Dollar vs. Japanese Yen”
As we can see in the H4 chart, USDJPY is still trading sideways close to the resistance level and forming Shooting Star, Engulfing, and Hanging Man reversal patterns. Judging by the previous movements, at the moment it may be assumed that after completing the correction the instrument may continue its ascending tendency.
