EURUSD, “Euro vs. US Dollar”
As we can see in the H4 chart, EURUSD has reached the resistance level once again and formed several Hanging Man and Harami reversal patterns there. At the moment, it may be assumed that the instrument is being corrected before starting another ascending movement.
USDJPY, “US Dollar vs. Japanese Yen”
As we can see in the H4 chart, USDJPY is still trading close to the support level and forming Doji and Engulfing reversal patterns. Judging by the previous movement, it may be assumed that the instrument may complete its sideways movement soon and rebound from the support level.
