Analysis 18.03.2015 EUR/USD

Japanese Candlesticks Analysis 18.03.2015 EUR/USD

FXTM Online Analysis Department.

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, a correction within the downtrend continues. Three Line Break chart indicates the downtrend; bullish Three Methods pattern and Heiken Ashi candlesticks confirm that the correction continues.

The H1 chart of EUR USD shows a sideways correction within the downtrend. Three Line Break chart and Heiken Ashi candlesticks indicate a bearish movement.