EURUSD, “Euro vs. US Dollar”
As we can see in the H4 chart, after breaking the support level once again, EURUSD has formed several Inverted Hammer and Engulfing reversal patterns. At the moment, it may be assumed that the instrument may try to confuse and mislead investors before starting a new growth.
USDJPY, “US Dollar vs. Japanese Yen”
As we can see in the H4 chart, USDJPY has broken the support level and formed several Inverted Hammer and Harami reversal patterns. Judging by the previous movement, it may be assumed that the instrument may complete the correction and start a new rising tendency.
