Japanese Candlesticks Analysis 25.04.2017 (EUR/USD, USD/JPY)
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, the new Window to the upside is still open. Bearish Belt Hold pattern indicates a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.
At the H1 chart of EUR USD, Engulfing Bearish pattern shows a descending correction. The Window in the middle provided support. 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, there are no reversal patterns; candlesticks are bullish. The new Window provided support. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.
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