Analysis for March 11th, 2015
At the H4 chart of EUR USD, the downtrend continues. Harami pattern indicates a possible correction; Three Line Break chart and Heiken Ashi candlesticks confirm a descending movement.
EUR USD, “Euro vs. US Dollar”
The H1 chart of EUR USD shows the downtrend. Bullish Tweezers pattern indicates a possible correction. Three Line Break chart shows the downtrend; Heiken Ashi candlesticks confirm an ascending correction.
USD JPY, “US Dollar vs. Japanese Yen”The H4 chart of USD JPY shows a correction, which is indicated by Tweezers and Shooting Star reversal patterns. Engulfing Bearish pattern and Three Line Break chart confirm the correction; Heiken Ashi candlesticks indicate a possible bullish pullback.
RoboForex Analytical Department
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