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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: bullish patterns point to further upward movement

EUR/USD: bullish patterns point to further upward movement

We’ve got a “Doji” and a “Harami” at the local low. Also, there’s a “Three Methods” pattern, so bulls are likely going to get a resistance on the upper “Window”. As we can see on the Daily chart, here’s a “High Wave”, but it hasn’t been confirmed yet. Therefore, the current upward correction is probably going to be continued.

EUR/USD: bullish patterns point to further upward movement

There’s a flat in progress under the last “Window”. Considering bullish patterns at the local low, the market is likely going to achieve the 55 Moving Average in the short term.

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