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