Article By RoboForex.com
EURUSD
On H4, the pair rose and hit another resistance, where it is forming reversal patterns, such as hanging man and falling star. By analyzing the previous moves, one can assume the EURUSD may start forming a new uptrend after a correction.
USDJPY
On H4, the pair is going down, stopping near the support levels and forming reversal patterns, such as hammer and inverted hammer. By analyzing the previous moves, one can assume USDJPY may start forming a new uptrend after a correction.
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.