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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: new high is coming

USD/JPY: new high is coming

The last “Three Methods” has done such a great job, so the price is rising. In this case, bulls are likely going to reach the upper “Window” in the short term. As we can see on the Daily chart, there isn’t any reversal pattern so far, which makes possible an achievement of the nearest resistance line.

USD/JPY: new high is coming

The price has been rising since the last “Window” was broken. However, there’s a “Harami” at the local high, which has been confirmed. Therefore, the market is likely going to reach the 21 Moving Average. If we see a bullish pattern on this line, there’ll be an opportunity to have a new high.

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