EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, bearish Tweezers pattern near the upside Window, which provided resistance, indicates a descending correction. 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 and Shooting Star 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 correction near the Window. Bullish Harami and Inverted Hammer reversal patterns showed an ascending movement. Three Line Break chart, Heiken Ashi candlesticks, and bullish Mat Hold continuation pattern confirm the ascending correction.
RoboForex Analytical Department