Article By RoboForex.com
EUR USD, “Euro vs US Dollar”
H4 chart of EUR USD shows bullish tendency. Upper Windows are broken, now they’re support levels. Three Line Break chart indicates current trend; Heiken Ashi candlesticks confirm bullish tendency; price may form bearish patterns inside resistance area.
H1 chart of EUR USD shows sideways correction within ascending trend. Upper Window is broken, now it’s support level. Three Line Break chart and Heiken Ashi candlesticks confirm ascending movement.
H4 chart of USD JPY shows correction, which is indicated by Tweezers pattern. Three Line Break chart indicates that ascending tendency continues; Heiken Ashi candlesticks confirm bearish pullback.
H1 chart of USD JPY shows correction within ascending trend. Upper Window is support level. Three Line Break chart indicates current trend; Heiken Ashi candlesticks confirm descending correction.
RoboForex Analytical Department
Article By RoboForex.com
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