Article By RoboForex.com
Analysis for June 11th, 2014
EUR USD, “Euro vs US Dollar”
H4 chart of EUR USD shows descending trend, which continues after Three Methods pattern. Three Line Break chart and Heiken Ashi candlesticks confirm descending movement.
H1 chart of EUR USD also shows descending trend and ascending correction, which is indicated by Morning Star pattern. Three Line Break chart and Heiken Ashi candlesticks confirm ascending movement.
USD JPY, “US Dollar vs Japanese Yen”
H4 chart of USD JPY shows sideways correction within ascending trend. Three Line Break chart and Heiken Ashi candlesticks confirm descending movement.
H1 chart of USD JPY shows sideways correction. Candlestick patterns are directed in different directions. Three Line Break chart and Heiken Ashi candlesticks confirm descending movement.
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RoboForex Analytical Department
Article By RoboForex.com
Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.
