EUR/JPY broke key support level 131…
EUR/USD: 144 MA acted as support
There's a "Hammer", which has been formed on the 34 Moving Average. Confirmation of this pattern hasn't been formed yet, so the market is likely going to test the upper "Window", which could act as resistance.
The 144 Moving Average has acted as support, so there's a "Hammer", which has been confirmed. Therefore, the market is likely going to continue moving up towards the nearest "Window".
There isn't any reversal pattern so far. If the 21 MA acts as resistance, we're likely going to have just another decline...
Expanding bullish Ichimoku Cloud with rising Senkou Span A; a cancelled golden cross of Tenkan-sen and Kijun-sen; the prices are returned to the support of Tenkan and Kijun and may go higher.
Narrow bearish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen, but the lines are horizontal; the Bulls can’t breaking out the resistance of upper border of the Cloud and the market may return to 113.00.