EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, Engulfing Bearish reversal pattern indicates a descending movement. Three Line Break chart shows a bearish direction: Heiken Ashi candlesticks confirm a possible bullish pullback.
At the H1 chart of EUR USD, Engulfing Bullish patter indicates an ascending movement. The downside Window provided support. 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, Inverted Hammer, High Wave, and Harami patterns indicate a bullish pullback. The downside Window is a resistance level. Three Line Break shows the downtrend; Heiken Ashi candlesticks confirm a bullish pullback towards the Window.
RoboForex Analytical Department