Article By RoboForex.com
EUR USD, “Euro vs. US Dollar”
As we can see at the H4 chart, the EUR/USD pair has finished another correction from the resistance level and formed Inverted Hammer pattern. The pattern may indicate that the correction completed and the price may resume moving upwards.
USD JPY, “US Dollar vs. Japanese Yen”
As we can see at the H4 chart, after finishing a slight pullback, the USD/JPY pair has reached the resistance level and formed Hanging Man pattern. The pattern indicates that the pullback is over and the instrument may continue falling.
RoboForex Analytical Department
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Article By RoboForex.com
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Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
