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Japanese Candlesticks Analysis 03.06.2015 (EUR/USD, USD/JPY)

Analysis for June 3rd, 2015

EUR USD, “Euro vs. US Dollar”

The H4 chart of EUR USD shows a bullish tendency. The closest Window is a resistance level. Three Line Break chart indicates an ascending movement; Heiken Ashi candlesticks confirm a bearish pullback.



At the H1 chart of EUR USD, Tweezers pattern indicates an ascending movement. The upper Window is a resistance level. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish correction.




USD JPY, “US Dollar vs. Japanese Yen”

The H4 chart of USD JPY shows a correction within the uptrend. Tower pattern indicates a descending correction. Three Line Break chart shows a bearish correction; Heiken Ashi candlesticks confirm a bullish movement.



 
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