Analysis for June 11th, 2015
At the H4 chart of EUR USD, Engulfing Bearish and Shooting Star patterns indicate a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish movement.
EUR USD, “Euro vs. US Dollar”
At the H1 chart of EUR USD, Three Methods continuation pattern indicates a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish movement.
USD JPY, “US Dollar vs. Japanese Yen”The H4 chart of USD JPY shows a descending correction within the uptrend. Three Line Break chart indicates a bearish movement; Tower and Inverted Hammer patterns, along with Heiken Ashi candlesticks, confirm a bullish pullback.
RoboForex Analytical Department
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