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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.

USD/JPY: bulls going to reach "Window"

USD/JPY: bulls going to reach "Window"

The last bearish “Engulfing” hasn’t been confirmed, so the price is still moving up. So, bulls are likely going to get a resistance on the nearest “Window”. As we can see on the Daily chart, there’s a “Shooting Star”, but it doesn’t have a confirmation. Therefore, if we see a pullback from the closest support line, there’ll be a chance to have a new high.

USD/JPY: bulls going to reach "Window"

We’ve got a “Doji” on the 21 Moving Average, which has been confirmed, so the market is likely going to test the 34 Moving Average. If we have a pullback from this line, bulls will probably try to reach the upper “Window”.

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