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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: "Harami" cause bullish movement

EUR/USD: "Harami" cause bullish movement

There’s a strong support by the Moving Averages, so we’ve got a “Doji” pattern, which has been confirmed. Therefore, the market is likely going to reach the closest resistance in the short term. If we see a pullback from this line, there’ll be a chance to have another decline. Also, there’s a new bullish candle on the Daily chart, so bulls are probably going to test the nearest resistance once again.

EUR/USD: "Harami" cause bullish movement

We’ve got a consolidation, but there’s a “Harami” at the local low, which has been confirmed strongly. In this case, it’s likely that the pair is going to achieve the nearest resistance once again during the day. If a pullback from this level happens, there’ll be an opportunity to have a decline towards the lower “Window”.

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