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: bears broke through "Window"

EUR/USD: bears broke through"Window"

The price has been falling down since a “Harami” was formed at the local high. However, the pair has achieved a support line. So, if any bullish pattern arrives, there’ll be opportunity to have an upward correction in the short term. As we can see on the Daily chart, we don’t have any reversal pattern, so bears will probably try to reach the nearest support.

EUR/USD: bears broke through"Window"

The closest “Window” acted as a resistance, but there isn’t any bullish pattern. So, the price is likely going to test the “Window” during the day. If a pullback from this level happens, there’ll be an opportunity to have another decline.

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