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Japanese Candlesticks Analysis 02.06.2015 (EUR/USD, USD/JPY)

Analysis for June 2nd, 2015

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, bullish Harami pattern indicates a sideways correction. Three Line Break chart shows a bearish tendency; Heiken Ashi candlesticks confirm that the correction continues.

The H1 chart of EUR USD shows a correction within the downtrend. The upper Window is a resistance level. Three Line Break chart and Heiken Ashi candlesticks confirm the sideways correction continues.

USD JPY, “US Dollar vs. Japanese Yen”

The H4 chart of USD JPY shows a bullish tendency. Shooting Star pattern indicates a descending correction. Three Line Break chart shows the uptrend; Heiken Ashi candlesticks confirm a bearish correction.

RoboForex Analytical Department

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