Japanese Candlesticks Analysis 06.11.2013 (EUR/USD, USD/JPY)
06.11.2013
Analysis for November 6st, 2013
EUR/USD
4-hour chart of EUR/USD shows correction, hammer indicates destination (to the upside). 3 Line Break Chart and Heiken Ashi confirm that correction is still in place.
On hourly chart of EUR/USD we have sideways correction within descending trend. 3 Line Break Chart confirms continuation of correction, Heiken Ashi show downside destination, upper windows serves as a support.
USD/JPY
On 4-hour chart of USD/JPY it’s bullish trend now, closer window serves as support. 3 method, 3 Line Break Chart and Heiken Ashi confirm destination (upside)..jpg)
On hourly chart of USD/JPY there is correction within bullish trend, lower window shows support. 3 Line Break shows trend, Heiken Ashi confirm continuation of correction.
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