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Japanese Candlesticks Analysis 13.03.2019 (EURUSD, USDJPY)

13 march 2019 - Fx4News

EURUSD, “Euro vs. US Dollar”

As we can see in the H4 chart, after reaching the support level, EURUSD started a new pullback with Engulfing, Hammer, and Doji reversal patterns. Judging by the previous movements, at the moment it may be assumed that after finishing the correction the instrument may resume moving to the downside.

EURUSD
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

USDJPY, “US Dollar vs. Japanese Yen”

As we can see in the H4 chart, USDJPY has completed another pullback from the resistance level and formed several Harami and Harami reversal patterns. Judging by the previous movements, at the moment it may be assumed that after completing the correction the instrument may continue its ascending tendency.

USDJPY
Risk Warning: the result of previous trading operations do not guarantee the same results in the future

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