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Japanese Candlesticks Analysis 14.06.2016 (EUR/USD, USD/JPY)

Analysis for June 14th, 2016

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, Engulfing Bearish pattern indicated a descending movement. The Window in the middle was broken. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.



At the H1 chart of EUR USD, the bearish tendency continues. The downside Window provided resistance. Three Line Break chart and Heiken Ashi candlesticks confirm a descending movement.




USD JPY, “US Dollar vs. Japanese Yen”

The H4 chart of USD JPY shows a bearish tendency. Three Methods pattern indicates a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.



 
RoboForex Analytical Department

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