Japanese Candlesticks Analysis 10.03.2015 (EUR/USD, USD/JPY)
10.03.2015
Analysis for March 10th, 2015
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, the pair didn’t complete bullish Tower pattern, but formed bearish Harami pattern instead, after which the downtrend continued. Three Line Break chart and Heiken Ashi candlesticks confirm a descending movement.
The H1 chart of EUR USD shows the downtrend, which continued after Evening Star pattern. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish movement.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, the uptrend, which is indicated by Three Methods pattern, continues. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish movement.
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