Japanese Candlesticks Analysis 24.01.2017 (EUR/USD, USD/JPY)
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, the bullish tendency continues. Three Methods pattern indicates an ascending movement. Three Line Break chart shows a bullish direction; bearish Harami pattern and Heiken Ashi candlesticks confirm a possible bearish pullback.
At the H1 chart of EUR USD, Engulfing Bearish pattern indicated a descending correction. 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, bullish Harami pattern indicates an ascending movement. The downside Window is a support level. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm the ascending movement.
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