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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: "Belt Hold" has stopped bears

EUR/USD: "Belt Hold" has stopped bears

We’ve got a “Belt Hold” on the 55 Moving Average, so there's an opportunity to see the market rising in the short term. Also, there's a “Doji” on the Daily chart, but it hasn’t been confirmed yet. Anyway, today’s candle is likely going to be white.

EUR/USD: "Belt Hold" has stopped bears

The price faced with a strong resistance by the last “Three Methods” pattern on the 21 Moving Average. At the same time, the market hasn't reached the nearest “Window”, so it could be achieved soon.

EUR
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