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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" waiting for bulls

EUR/USD: "Window" waiting for bulls

There’s a local bullish trend on the four-hour chart. Also, we’ve got a “Harami” at the local low, which has been confirmed. The last candles are bullish and there isn’t any reversal pattern so far, which makes possible an achievement of the upper “Window” in the short term. As we can see on the Daily chart, today’s candle are white, but it’s likely to see any bearish pattern on the nearest “Window”.

EUR/USD: "Window" waiting for bulls

We’ve got a “Tweezers” and “Engulfing” at the local low, which led to the current upward price movement. Moreover, there’s a “Three Methods” pattern, which has been confirmed. Therefore, the market is likely going to reach the nearest resistance level.

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