EURUSD, “Euro vs. US Dollar”
As we can see in the H4 chart, EURUSD is still testing the support level and forming Harami, Hammer, and Inverted Hammer reversal patterns. Judging by the previous movements, at the moment it may be assumed that after 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 testing the resistance level and forming several Harami, 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.
