Japanese Candlesticks Analysis 23.06.2017 (EUR/USD, USD/JPY)
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, bullish Hammer pattern indicated an ascending movement. The Window in the middle provided support. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm the ascending movement.
At the H1 chart of EUR USD, bearish Shooting Star pattern indicates a descending correction. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm the descending correction.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, the correction continues. Bullish High Wave pattern indicates an ascending movement. The upside Window is a resistance level. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm the descending correction.
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