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Japanese Candlesticks Analysis 08.07.2015 (EUR/USD, USD/JPY)

Analysis for July 8th, 2015

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, Inverted Hammer pattern indicated a bullish pullback. The window in the middle is a resistance level. Three Line Break chart shows a bearish movement; Heiken Ashi candlesticks confirm an ascending movement.



The H1 chart of EUR USD a bullish correction within the downtrend. Three Line Break chart and Heiken Ashi candlesticks confirm that the correction continues.




USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, candlesticks closed the lower Window, which is a resistance level. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish movement.



 
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