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Japanese Candlesticks Analysis 21.10.2015 (EUR/USD, USD/JPY)

21.10.2015

Analysis for October 21st, 2015

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, bearish High Wave pattern shows a descending movement. Three Line Break chart indicates a bullish direction; Heiken Ashi candlesticks confirm a bearish pullback.



At the H1 chart of EUR USD, bearish Harami pattern indicates a descending movement. The price continues the correction near the Window. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm a bearish movement.




USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, Three Methods pattern indicated an ascending movement. The upper Window provided resistance. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.



 
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