Article By RoboForex.com
EURUSD
On H4, the pair is testing the support and forming reversal patterns, such as hammer and doji, after correction. By analyzing the previous moves, one can assume the EURUSD may start forming a new uptrend after a pullback.
USDJPY
On H4, the pair is still testing the support and forming such reversal patterns as long doji, hammer, and inverted hammer. By analyzing the previous moves, one can assume the USDJPY may continue uptrending once the pullback is over.
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.