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Japanese Candlesticks Analysis 30.09.2016 (EUR/USD, USD/JPY)

Analysis for September 30th, 2016

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, bearish Doji pattern indicated a descending movement. The downside Window is a support level. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.



At the H1 chart of EUR USD, Engulfing Bearish pattern indicated a descending movement. There might be bullish patterns and a pullback upwards in the support area. 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 upside Window is a resistance level. Engulfing Bearish pattern indicates a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.



 
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