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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 run smack into the "Window"

EUR/USD: bears run smack into the "Window"

We’ve got a “Harami” at the local high, so the nearest support line is still in the game. Moreover, it’s likely to have any bullish patterns on this line. As we can see on the Daily chart, there’re a “High Wave” and a “Harami”, but both of them haven’t got a confirmation. If it finally arrives, the market is probably going to achieve the resistance nearby.

EUR/USD: bears run smack into the "Window"

There’s a bullish “High Wave” at the last minimum, which has been confirmed. However, we’ve got a confirmed “Hanging Man” at the local high, which means that the nearest support line is likely going to be reached in the short term.

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