EUR USD, “Euro vs. US Dollar”
As we can see at the H4 chart, the EUR/USD pair has completed several Shooting Star and Doji patterns. Judging by a great deal of reversal patterns, we may assume that the instrument may resume trading to the downside with the target at 1.2000.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of the USD/JPY pair, the correction is taking too much time. Engulfing and Hammer patterns indicate that the instrument may continue growing to reach the resistance level at 113.61.
RoboForex Analytical Department