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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: bulls going to move on

EUR/USD: bulls going to move on

We’ve got an “Inverted Hammer”, a “Harami” and a “Tweezers” at the local low. Moreover, there’s a “Three Methods” pattern, so the price is likely going to test the last high again. As we can see on the Daily chart, here’s a “Shooting Star” pattern, which hasn’t been confirmed yet. Therefore, today’s candle is likely going to be white.

EUR/USD: bulls going to move on

There’s a strong support by the 21 Moving Average. Also, we’ve got an “Engulfing” pattern, which has been confirmed enough. Under this circumstances, bulls are likely going to move on.

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