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Japanese Candlesticks Analysis 06.04.2015 (EUR/USD, USD/JPY)

Analysis for April 6th, 2015

EUR USD, “Euro vs. US Dollar”

The H4 chart of EUR USD shows a bullish tendency. Harami pattern inside the resistance area indicates a bearish pullback. Three Line Break chart shows an ascending tendency; Heiken Ashi candlesticks confirm a descending correction.



As we can see at the H1 chart of EUR USD, the price has closed the new Window, which now is a support level. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish movement.




USD JPY, “US Dollar vs. Japanese Yen”

The H4 chart of USD JPY shows a bearish tendency. The lower Window is a support level. Three Line Break chart and Heiken Ashi candlesticks indicate a bearish movement.



 
RoboForex Analytical Department

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