Analysis for November 21st, 2016
At the H4 chart of EUR USD, bullish Inverted Hammer pattern indicates an ascending correction. Three Line Break chart and Heiken Ashi candlesticks show a bullish direction to confirm an ascending movement.
EUR USD, “Euro vs. US Dollar”
The H1 chart of EUR USD shows a correction within the downtrend. Bullish Tweezers pattern indicated an ascending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.
At the H4 chart of USD JPY, Engulfing reversal pattern shows a possibility of a descending correction. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.
USD JPY, “US Dollar vs. Japanese Yen”
RoboForex Analytical Department
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