EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, the descending correction continues. The upside Window provided resistance. Three Line Break chart and Heiken Ashi candlesticks confirm that the descending correction continues.
At the H1 chart of EUR USD, bullish Inverted Hammer pattern indicates an ascending correction. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, the correction continues. Bullish Harami and Inverted Hammer reversal patterns indicated an ascending movement. There are no reversal patterns right now. Three Line Break chart and Heiken Ashi candlesticks confirm the ascending correction.
RoboForex Analytical Department