USD/JPY: there isn't any reversal pattern so far

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The price has been rising since a "High Wave" pattern formed at the last local low. Meanwhile, there isn't any bearish pattern so far, which means the market is likely going to test the upper "Window". If a pullback from this level happens, we could have a bearish correction.

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Bulls faced a resistance area, but we still don't have any bearish pattern. So, we could have the price a little bit higher in the coming hours. However, if we see any reversal pattern later on, there'll be time to have a downward correction.

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