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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 are attacking bulls by the "Shooting Stars"

EUR/USD: bears are attacking bulls by the "Shooting Stars"

There’s a “Tweezers” on the “Window’s” upper side, which has been confirmed. After a while, an “Engulfing” arrived on the Moving Average, but a “Harami” was formed in the short run, so an upward movement becomes possible in the direction of the 34  Moving Average and the upper “Window”. As we can see on the Daily chart, here’s a “Harami”, which has been confirmed. Therefore, the market is likely going to moving up during the day.

EUR/USD: bears are attacking bulls by the "Shooting Stars"

We’ve got a correction inside the main bearish trend. There’re a couple of “Shooting Stars” at the local highs, but their confirmations are weak. So, the pair is likely going to reach the nearest support, but bulls will probably try to get the 144 Moving Average afterwards.

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