Analysis for March 17th, 2015
EUR USD, “Euro vs. US Dollar”
The H4 chart of EUR USD shows a correction within the downtrend. Three Line Break chart indicates the downtrend; Heiken Ashi candlesticks confirm that the correction continues.
At the H1 chart of EUR USD, Morning Star pattern indicates that the correction continues. Three Line Break chart shows the downtrend; Heiken Ashi candlesticks confirm an ascending correction.
USD JPY, “US Dollar vs. Japanese Yen”
At the H4 chart of USD JPY, a sideways correction within the uptrend continues. The closest Window is a support level. Three Line Break chart and Heiken Ashi candlesticks confirm a descending correction.
RoboForex Analytical Department
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.
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