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Japanese Candlesticks Analysis 24.03.2015 (EUR/USD, USD/JPY)

Analysis for March 24th, 2015

EUR USD, “Euro vs. US Dollar”

The H4 chart of EUR USD shows a bullish tendency. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.

The H1 chart of EUR USD shows a descending movement, which is indicated by Engulfing Bearish and Tweezers patterns along with Three Line Break chart. Heiken Ashi candlesticks confirm that an ascending tendency continues.

USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, the closest Window is a resistance level. Three Methods continuation pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm a descending movement.

RoboForex Analytical Department

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