USD/JPY: bulls going to push price higher

Read the article on FBS website

USD/JPY: bulls going to push price higher

The price is still rising, so bulls have broken the nearest “Window”. Considering that there isn’t any reversal pattern so far, the price is likely going to climb even higher. However, if a pullback from the next resistance happens, there’ll be a chance to have a bearish correction.

USD/JPY: bulls going to push price higher

The last reversal patterns haven’t been confirmed yet. The main intraday target is the upper “Window”, which could be a departure point for a local correction towards the Moving Averages.

Share with friends:

Similar

Latest news

Instant opening

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.