Analysis for November 11th, 2015
At the H4 chart of EUR USD, the downtrend continues. Three Line Break chart shows a descending movement; Hammer pattern and Heiken Ashi candlesticks confirm a bullish pullback.
EUR USD, “Euro vs. US Dollar”
At the H1 chart of EUR USD, the sideways correction within the downtrend continues. The small Window provides support. Three Line Break chart confirms the correction; Heiken Ashi candlesticks show a bearish direction.
USD JPY, “US Dollar vs. Japanese Yen”The H4 chart of USD JPY shows a bullish tendency. The upper Window provides resistance. The Window in the middle may provide support. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.
RoboForex Analytical Department
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