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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: candlestick analysis

Galina Svetlova

EUR/USD: candlestick analysis

The “Window” has been reached once again and finally a “Harami” pattern arrived. If we see a pullback from the nearest support line it’ll be a open door for a correction. As we can see on the daily chart, there’s a “Doji” and a “Deliberation” patterns, which have been confirmed. So, the downwards movement are probably going to be deeper until we’ve got any reversal bullish patterns.

EUR/USD: candlestick analysis

There’re a “Engulfing Bearish” and a “Two Crows” patterns at the last high. Moreover, a “Three Methods” was formed afterwards, so the price has a reason to go towards the nearest support. If we see a pullback from it, then bulls might try to achieve the upper “Window”.

EUR
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