EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, the descending correction continues. The Window in the middle is a support level. Three Methods continuation pattern confirms the descending movement; Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.
At the H1 chart of EUR USD, Engulfing Bearish reversal pattern indicates a descending movement. The Window in the middle is a support level. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm the descending movement.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, the bullish tendency continues. The upside Window is a resistance level. Bullish Doji pattern indicates an ascending movement. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm a bearish pullback.
RoboForex Analytical Department