Japanese Candlesticks Analysis 21.02.2017 (EUR/USD, USD/JPY)
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, bearish Doji and Tower patterns indicated a descending movement. There are no reversal patterns right now; the candlesticks are bearish. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.
At the H1 chart of EUR USD, there are no reversal patterns; the candlesticks are bearish. The downside Window may provide support. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, the downside Window provided support. Bullish Inverted Hammer pattern indicated an ascending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.
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