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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: "Tweezers" on the last "Window" brought bulls into the market

EUR/USD: "Tweezers" on the last "Window" brought bulls into the market

The upper side of the nearest “Window” has acted as a support, so the price is rising. Moreover, we’ve got a “Tweezers” at the last low, so the market is likely going to moving up towards the 21 Moving Average. As we can see on the Daily chart, there’s just a local correction, which has been started right after a “Harami” at the last low. Therefore, the pair is probably going to achieve the 89 Moving Average in the short term.

EUR/USD: "Tweezers" on the last "Window" brought bulls into the market

We’ve got a “Harami” and a “Hammer” at the local low, which both have been confirmed enough. So, the market is likely going to get a resistance on the 89 Moving Average line, which can bring back bears into the market.

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