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Japanese Candlesticks Analysis 01.04.2015 (EUR/USD, USD/JPY)

Analysis for April 1st, 2015

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, the downtrend continues. Three Line Break chart confirms a descending movement; Harami pattern and Heiken Ashi candlesticks indicate a possible bullish pullback.



As we can see at the H1 chart of EUR USD, a bearish tendency continues after Tower pattern. Three Line Break chart and Heiken Ashi candlesticks confirm a descending movement.




USD JPY, “US Dollar vs. Japanese Yen”

The H4 chart of USD JPY shows a bullish tendency. The closest Window is a resistance level. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish movement.



 
RoboForex Analytical Department

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