GBP USD, “Great Britain Pound vs US Dollar”
At the H4 chart of GBP USD, the price reached the support level at 1.2932 and stopped there after forming Inverted Hammer, Piercing Line, and Long-legged Doji reversal patterns. All these patterns indicate that the tendency may reverse. The upside target is at 1.2985.
EUR NZD, “Euro vs. New Zealand Dollar”
At the H4 chart of EUR NZD, the price completed Engulfing, Shooting Star, Doji, and Engulfing reversal patterns. All these patterns indicate the pair may start falling soon. The downside target is the support level at 1.5395.
RoboForex Analytical Department