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Japanese Candlesticks Analysis 23.07.2015 (EUR/USD, USD/JPY)

Analysis for July 23rd, 2015

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, bullish Doji pattern indicates that the ascending correction continues. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish movement.



At the H1 chart of EUR USD, bearish Shooting Star pattern indicates a bearish pullback. Three Line Break chart shows an ascending movement; Heiken Ashi candlesticks confirm a bearish movement.




USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, the upper Window provides support. Three Methods pattern and Three Line Break chart show a descending movement; Heiken Ashi candlesticks confirm a bullish pullback.



 
RoboForex Analytical Department

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