Analysis 19.03.2015 (EUR/USD)

Japanese Candlesticks Analysis 19.03.2015 (EUR/USD)

FXTM Online Analysis Department.

EUR USD, “Euro vs. US Dollar”

The H4 chart of EUR USD shows a correction within the downtrend. Evening Star pattern indicates a descending movement. Three Line Break chart and Heiken Ashi candlesticks confirm that an ascending correction continues.

The H1 chart of EUR USD shows a descending movement, which is indicated by Shooting Star, Engulfing Bearish, and Three Black Crows patterns. Three Line Break chart indicates a bullish movement; Heiken Ashi candlesticks confirm a bearish pullback.