EURUSD, “Euro vs. US Dollar”
As we can see in the H4 chart, EURUSD continues falling; right now, it is testing another support level and forming Engulfing, Doji, and Inverted Harami reversal patterns. Judging by the previous movements, at the moment it may be assumed that these patterns indicate another correction before the instrument continues falling.
USDJPY, “US Dollar vs. Japanese Yen”
As we can see in the H4 chart, USDJPY is being corrected again; it is testing another resistance level and forming Hanging Man and Harami reversal patterns. Judging by the previous movements, at the moment it may be assumed that after completing the pullback, the instrument may continue its ascending tendency.
