Article By RoboForex.com
Analysis of Japanese candlesticks on July 20, 2016
EUR USD “Euro to US Dollar”
Bearish trend is on 4 hour chart of Euro-US Dollar, middle Window resisted, Engulfing model pointed on downward direction. Bearish indication is on 3 lined breakage chart and Heiken Ashi candlesticks.
Bearish indication is on 1 hour chart of Euro-US Dollar, Three methods model points on downward direction. Bearish indication is kept on 3 lined breakage chart and Heiken Ashi candlesticks.
USD JPY “US Dollar to Yen”
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Bullish trend is kept on 4 hour chart of US Dollar to Yen, top Window is a resistance. 3 lined breakage chart and Heiken Ashi candlesticks confirm upward direction.
Article By RoboForex.com
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