USD/JPY: 2-week channel under question
The USD/JPY is at the lower border of the 2-week channel. Will it be broken?
EUR/USD: bullish 'Three Methods' pattern
There's a bullish 'Three Methods' pattern, which has been confirmed. So, the pair is likely going to test the next resistance at 1.1478. If a pullback from this level happens little later on, bears will probably try to deliver a downward correction.
We've got a bullish 'Hammer', which has been formed above the 'Window'. Also, there's no any confirmed bearish pattern so far. Thus, the market is likely going to reach the previously tested resistance at 1.1478. This level could be a starting point for a decline towards the Moving Averages.
Galya Svetlova
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USD/JPY: 2-week channel under question
The USD/JPY is at the lower border of the 2-week channel. Will it be broken?
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