EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, bearish Tower pattern indicates a descending correction. The Window in the middle is a resistance level. Three Line Break chart shows an ascending movement; Heiken Ashi candlesticks confirm a bearish direction.
At the H1 chart of EUR USD, bearish Tweezers pattern indicated a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm the descending correction.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, bullish Doji pattern indicates an ascending correction. The downside Window is a support level. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.
RoboForex Analytical Department