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Japanese Candlesticks Analysis 09.06.2016 (EUR/USD, USD/JPY)

Analysis for June 9th, 2016

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, bearish Tower pattern at the daily Window indicates a descending movement. Three Line Break chart and Heiken Ashi candlesticks shows a bearish direction.



At the H1 chart of EUR USD, bearish Evening Star pattern showed a descending movement. The upside Window provides resistance. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.




USD JPY, “US Dollar vs. Japanese Yen”

The H4 chart of USD JPY shows a bearish tendency. The price is moving under the Windows. Three Methods pattern indicates a descending movement. The downside Window provides resistance. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.



 
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