EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, bearish Three Methods continuation pattern indicates a descending movement. The upside Window provided resistance. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction; the downside Window is a resistance level.
At the H1 chart of EUR USD, there are no reversal patterns right now. The Window in the middle provided resistance; the downside one is a support level. 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, bullish High Wave pattern indicated that the ascending tendency continues. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm the ascending movement.
RoboForex Analytical Department