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Japanese Candlesticks Analysis 27.12.2016 (EUR/USD, USD/JPY)

Analysis for December 27th, 2016

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, the sideways correction continues. There are no reversal pattern right now. Three Line Break chart confirms a bearish direction; Heiken Ashi candlesticks show an ascending movement.



At the H1 chart of EUR USD, bullish Harami pattern indicates an ascending movement. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm the ascending movement.




USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, Engulfing Bearish pattern shows an ascending movement. Three Line Break chart and Heiken Ashi candlesticks confirm the uptrend.



 
RoboForex Analytical Department

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