Analysis for June 27th, 2014
EUR USD, “Euro vs US Dollar”
At H4 chart of EURUSD, trend was resumed after bullish «Harami». «Three-Line break» indicates descending correctional move, Heiken Ashi candlesticks confirm bullish destination.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/47/candle_2706eurh4.png)
At H1 chart of EURUSD, we see bearish «engulfing pattern» located near upper Window that indicates descending move. «Three-Line break» indicates bullish trend, Heiken Ashi candlesticks confirm bearish correction.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/35/candle_2706eurh1.png)
USD JPY, “US Dollar vs Japanese Yen”
H4 chart of USDJPY trend is probably bearish, Windows is broken out to the downside and considered to be a resistance. «Three-Line break» and Heiken Ashi candlesticks confirm descending destination.
![](https://roboforex.com/uploads/roboforecast/roboforex_com/22/candle_2706jpyh4.png)
At H1 chart, Window is considered to be a resistance, Three-Line break chart and Heiken Ashi candlesticks confirm descending trend, bullish Harami indicates possibility of ascending correction.
RoboForex Analytical Department