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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 test the "Window"

EUR/USD: bulls going to test the "Window"

There’s a confirmed bullish “Hammer” on the current “Window”. So, the price is likely going to test the 34 Moving Average once again. As we can see on the Daily chart, there’s a pattern similar to an “Engulfing”, but it hasn’t been confirmed yet. If a confirmation arrives later on, there’ll an opportunity to see another downward movement.

EUR/USD: bulls going to test the "Window"

We’ve got an “Engulfing” and a “Three Crows” on the 55 Moving Average. However, there’s another “Engulfing” at the local low inside the “Window”. Therefore, the price is likely going to test the 89 Moving Average during the day.

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