Analysis for June 21st, 2016
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, the closest Window provided support. Engulfing Bearish pattern indicates a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.
At the H1 chart of EUR USD, bearish Evening Star and Three Methods patterns indicate a descending movement. Three Line Break chart Tweezers pattern show a bullish tendency; Heiken Ashi candlesticks confirm a bearish direction towards support from the closest Window.
USD JPY, “US Dollar vs. Japanese Yen”
The H4 chart of USD JPY shows the correction near the Window. Hammer and Tweezers patterns indicate a possible bullish pullback. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish correction.
RoboForex Analytical Department
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