Japanese Candlesticks Analysis 13.07.2017 (EUR/USD, EUR/JPY)
EUR USD, “Euro vs US Dollar”
At the H4 chart of EUR USD, the price formed several Engulfing patterns, that’s why the current tendency may reverse and the pair may start falling towards the support level at 1.1337.
EUR JPY, “Euro vs Japanese Yen”
At the H4 chart of EUR JPY, several reversal patterns indicate that the price is completing the correction. Engulfing and Inverted Hammer patterns, which were formed close to the support level, confirm that the ascending tendency is getting stronger.
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