EUR USD, “Euro vs. US Dollar”
After forming several Engulfing patterns at the H4 chart, the EUR/USD pair rebounded from the resistance level for the second time. Right now, the price is expected to reverse and resume falling towards the support level at 1.1732.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart, the USD/JPY pair formed several Inverted Hammer and Harami patterns from the support level. These patterns indicate that the decline is over and the instrument may start moving to the upside.
RoboForex Analytical Department