Japanese Candlesticks Analysis 27.06.2017 (EUR/USD, USD/JPY)

June 27, 2017

Article By RoboForex.com
EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, bullish Three Methods continuation pattern indicated an ascending movement. The upside Window is a resistance level. Three Line Break chart and Heiken Ashi candlesticks confirm the ascending movement.

At the H1 chart of EUR USD, there are no reversal pattern; candlesticks are bullish. The upside Window is a resistance level. Three Line Break chart and Heiken Ashi candlesticks confirm the ascending movement.

 

USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, Engulfing Bearish pattern indicated a descending correction. The upside Window is a resistance level. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.

 

RoboForex Analytical Department


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Article By RoboForex.com

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Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

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