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Japanese Candlesticks Analysis 21.08.2015 (EUR/USD, USD/JPY)

Analysis for August 21st, 2015

EUR USD, “Euro vs. US Dollar”

The H4 chart of EUR USD shows a bullish tendency. The upper Window provides support. Three Line Break chart and Heiken Ashi candlesticks confirm an ascending movement.

At the H1 chart of EUR USD, bearish Shooting Star pattern indicates a possible pullback toward support from the upper Window. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish tendency.

USD JPY, “US Dollar vs. Japanese Yen”

The H4 chart of USD JPY shows a bearish tendency. The lower Window provides support. Three Methods continuation patterns, Three Line Break chart, and Heiken Ashi candlesticks confirm a descending movement.

RoboForex Analytical Department

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