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Japanese Candlesticks Analysis 19.09.2016 (EUR/USD, USD/JPY)

Analysis for September 19th, 2016

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, bearish Harami and Shooting Star patterns indicated a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction; the downside Window may provide support.



The H1 chart of EUR USD shows a sideways correction. The Window in the middle provides support. Bearish Tweezers pattern indicates a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.




USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, the Window in the middle may provide support. Shooting Start pattern indicates a descending movement. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm a descending movement.



 
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