Japanese Candlestick Analysis for EURUSD and USDJPY: 18/3/2019
EURUSD
On H4, the pair has reached yet another resistance where it is forming reversal patterns: the hanging man and the falling star. By analyzing the previous moves, one can assume EURUSD may start forming a new uptrend after a correction.
USDJPY
On H4, the pair is trading within the resistance area and is forming reversal patterns, such as the handing man, the falling star, and the harami. By analyzing the previous moves, one can assume USDJPY may start forming a new uptrend after a correction.
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