Japanese Candlesticks Analysis 24.05.2017 (EUR/USD, USD/JPY)
EUR USD "Euro vs US Dollar"
On the H4-chart of EUR/USD the bullish trend continues, the bearish Tweezers pattern suggests a downside corretion while the middle Window acts as a support. The Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.
On the H1-chart of EUR/USD a descending correction develops, the bullish Doji suggests an upside pullback. Three Line Break chart and Heiken Ashi candlesticks show an upside direction.
USD JPY "US Dollar vs Japanese Yen"
On the H4-chart the correction is still in place, the Hammer bullish reversal pattern suggested an upside direction. On Three Line Break chart a bearish tendency is still in place, Heiken Ashi candlesticks confirm a bullish direction, the middle Window acts as a resistance.
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