Japanese Candlestick Analysis for EURUSD and USDJPY: July 23, 2018
EURUSD
On H4, the pair is near the resistance, where it formed a few reversal patterns, such as Falling Star. This is likely to signal a correction before the further uptrend movement.
USDJPY
On H4, the pair reached the support again, where it formed a Doji. According to the previous similar cases, this is likely to be an attempt to stop the pullback before forming a new uptrend.
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