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Galina has been using the Japanese Candlesticks in trading since 2004. Meanwhile, she has wrote dozens of articles about these patterns, because nowadays it's possible to see a lot of things that couldn't be discovered in the good old days. Everyday Galina share her expert opinion about EUR/USD and USD/JPY on the fxBazooka.com.

EUR/USD: bulls are free to move on

EUR/USD: bulls are free to move on

The market has been rising since a pullback from the lower “Window” happened. The last candles are bullish and we haven’t got any reversal pattern so far, which makes possible to see an achievement of the upper “Window”. As we can see on the Daily chart, a “Harami” and a “Shooting Star” haven’t been confirmed yet, so bulls are on the way towards the nearest “Window”.

EUR/USD: bulls are free to move on

There’s a strong support by the 13 Moving Average. Also, we’ve got a bearish “Harami”, but it hasn’t been confirmed yet. However, there’s a possibility to have a “Last Engulfing” pattern, but again, we have to wait until a confirmation arrives. So, if there isn’t any confirmation of these patterns, bulls will be free to reach the “Window’s” upper side.

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