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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: consolidation in a range of the "Window"

EUR/USD: consolidation in a range of the "Window"

We’ve got a “Harami” at the last high, which has been confirmed enough. Also, there’s an “Engulfing” on the nearest support level, so bulls are likely going to deliver an upward correction. As we can see on the Daily chart, here’s a “Harami” at the local maximum. If it confirms, bears will have an opportunity to push the market lower.

EUR/USD: consolidation in a range of the "Window"

There’re a “Tweezers” and an “Engulfing” at the last low, which both have a good confirmation. Therefore, the pair is likely going to rise during the day until any bearish pattern forms. 

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