Analysis for November 24th, 2016
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, bullish Harami pattern indicates a possible ascending correction. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm the correction.
At the H1 chart of EUR USD, bullish Harami pattern indicates an ascending movement. The price may form Tower pattern. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, a bullish tendency continues. There are no reversal patterns. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.
RoboForex Analytical Department
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