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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: two "Harami" far away from each other

USD/JPY: two "Harami" far away from each other

There’s a possible “Engulfing” on the 55 Moving Average. The last candle has a huge shadow, so the price is likely going to reach the nearest “Window”. As we can see on the Daily chart, we’ve got an “Engulfing” on the 13 Moving Average. Therefore, an upward movement will probably be continued during the day. 

USD/JPY: two "Harami" far away from each other

We’ve got a “Harami” at the local low, but there’s a “Hanging Man” at the last high. Therefore, the pair is likely going to achieve the nearest resistance line, which could help bears to move on.

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