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Analysis of Japanese candlestick for EUR/USD and USD/JPY on March 1, 2016

Analysis of Japanese candlestick for EUR/USD and USD/JPY on March 1, 2016

EUR USD "Euro Dollar"


Analysis of Japanese candlestick for EUR/USD and USD/JPY on March 1, 2016

The 4 hour chart of euro-dollar pair is bearish, continuation pattern. Three methods indicate the declining. The chart of 3-lined breakout and Heiken Ashi is kept bearish.


Analysis of Japanese candlestick for EUR/USD and USD/JPY on March 1, 2016

The hourly chart of euro-dollar pair is kept bearish after the resistance level. Three methods indicate the declining. The chart of 3-lined breakout and Heiken Ashi is kept bearish.


USD JPY "Dollar Yen"

Analysis of Japanese candlestick for EUR/USD and USD/JPY on March 1, 2016

On the 4 hour chart of DollarYen, gap has supported, side correction is kept. Bull Harami pattern indicates direction is up. The chart of 3-lined breakout indicates bearish trend, candlesticks Heiken Ashi confirm bullish trend.

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