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Japanese Candlesticks Analysis 03.07.2015 (EUR/USD, USD/JPY)

Analysis for July 3rd, 2015

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, Hammer pattern indicates an ascending movement. The lower border of the new Window provided support. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish movement.



At the H1 chart of EUR USD, Three Methods pattern indicates that an ascending correction continues. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish movement.




USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, the upper border of the Window is a resistance level. Engulfing Bearish pattern and Three Line Break chart indicate a descending movement; Heiken Ashi candlesticks confirm a bullish pullback.



 
RoboForex Analytical Department

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