Japanese Candlesticks Analysis 19.01.2017 (EUR/USD, USD/JPY)
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, Engulfing Bearish pattern indicated a descending correction. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm a bullish pullback.
At the H1 chart of EUR USD, bullish Tweezers and High Wave patterns indicated an ascending movement. The closest Window may provide resistance. 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, Engulfing Bullish pattern indicated an ascending correction. The closest Window provided support. Three Line Break chart and Heiken Ashi candlesticks shows a bullish direction to confirm that the ascending correction is getting higher.
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