Japanese Candlesticks Analysis 02.07.2012 (EUR/USD, USD/JPY)
02.07.2012 / 11:23
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Analysis for July 2nd, 2012
EUR/USD
The H4 chart of the EUR/USD currency pair shows an ascending tendency on the sideways trend. Window, which is the closest to the price, is a resistance level. Tweezers pattern and Heiken Ashi candlesticks indicate a bearish pullback, Three Line Break chart confirms an ascending movement.The H1 chart of the EUR/USD currency pair shows a bearish tendency on the ascending trend, which started after Tweezers pattern. Window, which is the closest to the price, is a resistance level. Three Line Break and Heiken Ashi candlestick charts confirm an ascending movement.
USD/JPY
The H4 chart of the USD/JPY currency pair shows a bearish tendency on the sideways trend, which continued after Tweezers pattern. Three Line Break chart indicates an ascending movement, Heiken‑Ashi candlesticks confirm a bearish mood.The H1 chart of the USD/JPY currency pair shows a bearish tendency on the sideways trend, which started after Tweezers pattern. Three Line Break chart confirms a descending movement, Heiken Ashi candlesticks indicate a bullish pullback.
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