Analysis for December 2nd, 2016
At the H4 chart of EUR USD, the correction continues. Patterns are directed in opposite directions. Three Line Break chart and Heiken Ashi candlesticks confirm than the ascending correction continues.
EUR USD, “Euro vs. US Dollar”
At the H1 chart of EUR USD, bearish Tweezers and Shooting Star patterns indicate a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.
At the H4 chart of USD JPY, the uptrend continues. Bearish Evening Star reversal pattern indicated a descending correction. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm the correction.
USD JPY, “US Dollar vs. Japanese Yen”
RoboForex Analytical Department
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