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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: bears going to break the last low

USD/JPY: bears going to break the last low

There's a “Shooting Star” at the local high, which has been confirmed strongly. So, the price is likely going to decline towards the nearest “Window”.

USD/JPY: bears going to break the last low

We've got a confirmed bullish “Harami” at the last low, but the nearest “Window” could act as a resistance.  If so, the current downward price movement is likely going to be continued. As we can see on the Daily chart, the last candles are bearish and we haven’t got any reversal pattern so far, which makes possible the further sellers steps.

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