Japanese Candlesticks Analysis 14.02.2017 (EUR/USD, USD/JPY)
EUR USD, “Euro vs. US Dollar”
At the H4 chart of EUR USD, bullish Tweezers and Doji patterns indicate an ascending movement. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm the ascending movement.
At the H1 chart of EUR USD, bullish Tweezers pattern indicates that the correction within the downtrend continues. The downside Window is a resistance level. Three Line Break chart and Heiken Ashi candlesticks confirm that the ascending correction continues.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, bearish Harami and Shooting Star patterns indicate a descending correction. The downside Window is a support level. Three Line Break chart shows a bullish direction; Heiken Ashi candlesticks confirm a descending movement.
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