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Japanese Candlesticks Analysis 20.07.2015 (EUR/USD, USD/JPY)

Analysis for July 20th, 2015

EUR USD, “Euro vs. US Dollar”

The H4 chart of EUR USD shows a bearish tendency. Tower pattern indicates a possibility of a correction. Three Line Break chart shows that a descending tendency continues; Heiken Ashi candlesticks confirm an ascending correction.



At the H1 chart of EUR USD, bullish Tweezers pattern indicates an ascending correction. 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 bullish tendency. The upper Window is a support level. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.



 
RoboForex Analytical Department

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