EURUSD, “Euro vs. US Dollar”
As we can see in the H4 chart, EURUSD is still trading close to the support level and forming Hammer, Doji, and Harami reversal patterns. Judging by the previous movements, at the moment it may be assumed that after finishing the correction the instrument may resume moving to the downside.
USDJPY, “US Dollar vs. Japanese Yen”
As we can see in the H4 chart, USDJPY is still testing the resistance level and forming Hanging Man, Harami, Engulfing, and Shooting Star reversal patterns. Judging by the previous movements, at the moment it may be assumed that after completing the correction the instrument may continue its ascending tendency.
