EUR USD, “Euro vs. US Dollar”
After forming several more reversal candlesticks, the EUR/USD pair is still moving upwards. By now, it has completed several Doji patterns. However, the previous reversal patterns didn’t make the price reverse, so the same may happen again and the instrument may continue trading to the upside.
USD JPY, “US Dollar vs. Japanese Yen”
After finishing another descending movement, the USD/JPY pair has been corrected and formed Hammer and Doji patterns. Right now, we may assume that the correction is over and the instrument may continue falling.
RoboForex Analytical Department