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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: "Window" going to act as a support

EUR/USD: "Window" going to act as a support

There’s a possible “Shooting Star” at the local high. If it confirms, there’ll be an opportunity to have a decline towards yesterday’s “Window”. As we can see on the Daily chart, the last “Harami” pattern hasn’t been confirmed enough, so right after a local correction, bulls are likely going to deliver a new high.

EUR/USD: "Window" going to act as a support

We’ve got an “Engulfing” at the last high. If this pattern confirms, sellers are likely going to test the previously formed “Window”. However, if a pullback from the “Window” happens, bulls will be free to move on.

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