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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: “Three Black Crows” helped bears

Galina Svetlova

EUR/USD: “Three Black Crows” helped bears

The upper “Window” has been broken by the big black candle, so the price is likely going to the lower "Window", which can act as a support. As we can see on the Daily chart, there’re a “Harami” and a “Three Black Crows” at the last high. Therefore, today’s candle is probably going to be a bearish one.

EUR/USD: “Three Black Crows” helped bears

The price has reached the 89 Moving Average once again after a pullback from the upper support line. It's likely that a downward movement will go on towards the nearest “Window” until any bullish pattern arrives.

EUR
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