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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: bulls going to deliver new high because of the "Harami"

EUR/USD: bulls going to deliver new high because of the "Harami"

There’s a “Harami” in a range on the current “Window”. So, the market is likely going to achieve the 34 Moving Average in the short term. As we can see on the Daily chart, here’s a “High Wave” at the local high, but it hasn’t been confirmed yet. If it has, a downward movement becomes possible.

EUR/USD: bulls going to deliver new high because of the "Harami"

We’ve got an “Engulfing” on the 89 Moving Average, but there’s a bullish “Harami” as well. Under this circumstances, the current upwards correction is likely going to be continued. Therefore, we should keep an eye on the 144 Moving Average as the next possible resistance. 

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