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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: bears have broken the "Window"

EUR/USD: bears have broken the "Window"

There's a downward correction in progress. Previously, a “Harami”, a “Three Black Crows” and a “Three Methods” were formed at the last top. So, the market is likely going to reach the nearest support line. As we can see on the Daily chart, a “Harami” and a “Shooting Star” have been confirmed. Therefore, today’s candle is probably going to be black.

EUR/USD: bears have broken the "Window"

The price has broken the nearest “Window”. If the market finds a lodgement under it, there’ll be nothing to stop bears on the way towards the next support line, which can bring a reversal bullish pattern. 

EUR
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