EUR USD, “Euro vs. US Dollar”
As we can see at the H4 chart, the EUR/USD pair has reached the resistance level once again. If we take into account the previous decline from this level, we may assume that several Doji patterns may force the price to rebound from here again and fall to reach the support level at 1.1731.
USD JPY, “US Dollar vs. Japanese Yen”
As we can see at the H4 chart, the USD/JPY pair has reached another support level and formed several Doji, Hammer, and Inverted Hammer reversal patterns. Taking into account that earlier the group of such candlesticks made the price reverse, we can expect the same time as well.
RoboForex Analytical Department