NZD/USD, “New Zealand Dollar vs US Dollar”
At the H4 chart of NZD USD, the price formed Hammer, Engulfing, Inverted Hammer, and Long-Legged Doji patterns to conform that the ascending tendency continues. After the correction, the pair may continue growing towards the next target at the resistance level at 0.7625.
EUR/USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, the uptrend continues. The price formed Harami, Engulfing, and Doji patterns from the support level to confirm the current tendency. Harami pattern, formed near the resistance level, indicates a possible descending correction. After the correction, the price may grow to reach the target at the resistance level at 1.1973.
RoboForex Analytical Department