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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.

USD/JPY: the new bullish attack is not far off

USD/JPY: the new bullish attack is not far off

The nearest “Window” has been broken, so bulls are free to move on, because there’s a “Mat Hold” pattern. As we can see on the Daily chart, there isn’t any reversal pattern so far. Therefore, the market is likely going to test the 21 Moving Average soon.

USD/JPY: the new bullish attack is not far off

The price has found a lodgement above the broken “Window”. Moreover, there’s a “Three Methods” pattern, so the market is likely going to test the next resistance. If we see any bearish pattern on this line, there’ll be an opportunity for the second achievement of the “Window”.

JPY
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