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Japanese Candlesticks Analysis 11.11.2015 (EUR/USD, USD/JPY)

Analysis for November 11th, 2015

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, the downtrend continues. Three Line Break chart shows a descending movement; Hammer pattern and Heiken Ashi candlesticks confirm a bullish pullback.



At the H1 chart of EUR USD, the sideways correction within the downtrend continues. The small Window provides support. Three Line Break chart confirms the correction; Heiken Ashi candlesticks show a bearish direction.




USD JPY, “US Dollar vs. Japanese Yen”

The H4 chart of USD JPY shows a bullish tendency. The upper Window provides resistance. The Window in the middle may provide support. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.



 
RoboForex Analytical Department

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