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Japanese Candlesticks Analysis 14.03.2018 (EURUSD, USDJPY)

14 march 2018 - Fx4News

EURUSD, “Euro vs. US Dollar”

After being corrected from the resistance level in the H4 chart, EURUSD has formed several Hammer and Doji reversal patterns and then returned to the level. At the moment, it may be assumed that the pair may be corrected once again before breaking the level and continuing its growth.

EURUSDRisk Warning: the results 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 formed several Hammer and Inverted Hammer reversal patterns. Probably, these candlesticks indicate that after finishing the pullback, the price may start growing.

USDJPYRisk Warning: the results of previous trading operations do not guarantee the same results in the future.

 

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