EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, bearish Dark Cloud pattern indicated a descending movement. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm a bullish pullback.
At the H1 chart of EUR USD, Engulfing Bearish pattern indicated a descending movement. The Window in the middle provided resistance. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm the descending movement. The downside Window is a support level.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, bearish Evening Star and Shooting Star reversal patterns indicate a descending movement. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm the descending correction.
RoboForex Analytical Department