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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: "harami" are on the both sides

Galina Svetlova

EUR/USD: "harami" are on the both sides

There's one more “Three-Line Strike” pattern at the local low, so the market is likely going to decline towards the nearest “Window”. As we can see on the Daily chart, we’ve got a “Harami” and a “Three Black Crows” at the last high. The last candles are bearish, but considering their quite big lower shadows it’s likely to see a local upward correction.

EUR/USD: "harami" are on the both sides

The pair has been falling down under the Moving Average lines. The last candle patterns are various, so currently we’ve got a flat. It’s likely that the price is going to taste the Moving Average lines once again. If it brings one more pullback and any kind of bearish pattern, then the lower “Window” will act as a main support.

EUR
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