EURUSD, “Euro vs. US Dollar”
As we can see in the H4 chart, EURUSD has completed the pullback towards the resistance level and formed several Shooting Star and Hanging Man reversal patterns. Judging by the previous movements, at the moment it may be assumed that after finishing the correction the instrument may resume moving to the downside.
USDJPY, “US Dollar vs. Japanese Yen”
As we can see in the H4 chart, USDJPY has reached the resistance level and formed Hanging Man and Shooting Star 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.
