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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 bears

EUR/USD: "Window" waiting for bears

There’s a support by the 55 Moving Average. Also, we’ve got a “Shooting Star” and a “Harami” patterns, which both have been confirmed enough. Therefore, it’s likely to have another test of the nearest support levels. As we can see on the Daily chart, today’s candle try to confirm the previously formed “Shooting Star”. So, the market is likely going to reach the 34 and 55 Moving Averages.

EUR/USD: "Window" waiting for bears

The last “Doji” pattern has done a great job, so we’ve got a “Three Black Crows” pattern here. In this case, the price is likely going to continue falling down toward the nearest “Window”.

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