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Japanese Candlesticks Analysis 13.12.2016 (EUR/USD, USD/JPY)

Analysis for December 13th, 2016

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, bearish Harami and Doji reversal patterns indicate a descending movement. The closest Window is a resistance level. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.



At the H1 chart of EUR USD, bearish Tweezers pattern indicates a descending correction. The closest Window is a resistance level. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.




USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, the uptrend continues. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks indicate an ascending movement.



 
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