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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: "Doji" on Moving Average

EUR/USD: "Doji" on Moving Average

There’s an “Engulfing” pattern at the last low, but a bearish “Harami” arrived afterwards, so the price is likely going to test the nearest support once again. As we can see on the Daily chart, here’s another “Engulfing”, but it hasn’t been confirmed yet. So, if a pullback from the closest support happens, there’ll be an opportunity to have an upward correction.

EUR/USD: "Doji" on Moving Average

We’ve got a resistance by the 34 Moving Average. Also, there’s a bearish “Doji”, which has been confirmed. Therefore, sellers are likely going to test the last low in the short term.

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