Analysis for April 13th, 2015
As we can see at the H4 chart of EUR USD, a bearish tendency continues. Three Methods continuation pattern, Three Line Break chart, and Heiken Ashi candlesticks confirm a descending movement.
EUR USD, “Euro vs. US Dollar”
At the H1 chart of EUR USD, the downtrend continues. A new Window is a resistance level. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish movement.
USD JPY, “US Dollar vs. Japanese Yen”As we can see at the H4 chart of USD JPY, the price has broken the closest Window upwards, which now is a support level. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish movement.
RoboForex Analytical Department
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