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Japanese Candlesticks Analysis 17.03.2015 (EUR/USD, USD/JPY)

Analysis for March 17th, 2015

EUR USD, “Euro vs. US Dollar”

The H4 chart of EUR USD shows a correction within the downtrend. Three Line Break chart indicates the downtrend; Heiken Ashi candlesticks confirm that the correction continues.

At the H1 chart of EUR USD, Morning Star pattern indicates that the correction continues. Three Line Break chart shows the downtrend; Heiken Ashi candlesticks confirm an ascending correction.

USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, a sideways correction within the uptrend continues. The closest Window is a support level. Three Line Break chart and Heiken Ashi candlesticks confirm a descending correction.

RoboForex Analytical Department

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