EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, bearish Tweezers pattern indicated a descending correction. The upside Window provided resistance. The price may form Tower reversal pattern. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm that the descending correction continues.
At the H1 chart of EUR USD, Engulfing Bearish, Tweezers, and Harami patterns indicated the descending correction. The upside Window provided resistance. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.
USD JPY, “US Dollar vs. Japanese Yen”
The H4 chart of USD JPY shows a bearish tendency. Three Methods continuation pattern shows a descending movement. The downside Window is a support level. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.
RoboForex Analytical Department