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Japanese Candlesticks Analysis 19.11.2015 (EUR/USD, USD/JPY)

Analysis for November 19th, 2015

EUR USD, “Euro vs. US Dollar”

The H4 chart of EUR USD shows the downtrend. Engulfing Bullish pattern indicates an ascending correction. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.



At the H1 chart of EUR USD, bearish Harami pattern indicates a descending correction. The closest Window provides resistance. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish movement.




USD JPY, “US Dollar vs. Japanese Yen”

The H4 chart of USD JPY shows the uptrend. The upper Window provides resistance. Engulfing Bearish pattern indicates that the sideways correction continues. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish pullback.



 
RoboForex Analytical Department

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